Japanese 3 major battery makers’ consolidated operating profit increased for October-December 2009 from the same period of 2008, which increased for the first time in 4 quarters. The battery demand increased for new automobile since autumn and the demand for replacement was firm.
The battery makers’ profit decreased in April-June when lead price increased and the battery demand decreased under low automobile production. The shipment of the battery for replacement remained low for July-September due to the seasonal factor. However, the demand increased in October-December when the users increased the inventory. Japanese battery shipment showed year-on-year decrease from August 2008 through October 2009 and the shipment showed first increase in 16 months in November 2009, according to Ministry of Economy, Trade and Industry.Japan Steel Scrap Composite Prices (Sangyo Press)
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