Major secondary alloyed aluminium makers are finishing after shipment price negotiation with users including die-casting makers to decrease the price by 2-3 yen per kilogram for May shipment, which is the decrease for 3rd straight month. It is background of falling material price caused by the decrease of virgin ingot price in Japan, and competition from import items dull situation of demand.
Japan Steel Scrap Composite Prices (Sangyo Press)10/18/2018
|36200YEN (-)||41300YEN (-)|
|318.38US$ (-0.82)||363.24US$ (-0.93)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)