Market price of aluminium alloy plate is strong at around 630 yen per kilogram for 52S grade alloy with 1 by 1,000 by 2,000 millimeters in Osaka. Domestic primary aluminium ingot price, the market indicator, is expected to increase by 10 yen for July-September, following the previous hike by 30 yen for April-June. A plate dealer source said there was few speculative orders before July due to narrow range price up.
Supply and demand balance is tight for aluminium alloy plate. Delivery lead time of aluminium alloy coil is delayed up to 2 months at a major re-roller. Some dealers are concerned about stock shortage. One dealer said this is the re-rollers’ market and they even cannot cover stock out with imports for some items. The demand is steady for consumer electronics. On the other hand, the demand from construction market maintains slow, said a dealer, though domestic new housing starts currently turned to year-to-year plus.Japan Steel Scrap Composite Prices (Sangyo Press)
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