The market prices of aluminium rolled products stayed unchanged at the end of July from a month earlier around Tokyo, Osaka and Nagoya, according to the seasonal survey for the members of Japan Light Metal Merchant’s Association. The reason is that domestic market price of primary aluminium ingot, the indicator, maintains flat at 180 yen per kilogram for July-September from the previous quarter. For October-December, primary aluminium price is expected to surge up. Rolled product prices would follow the ingot price up.
Meanwhile, market demand for aluminium rolled products keeps stagnant. The demand for extrusions stays low from constructions. Plate demand is also weak from semiconductor and liquid crystal panel manufacturing equipment due to slow investment by manufacturing industries.Japan Steel Scrap Composite Prices (Sangyo Press)
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