Japanese primary aluminium buyers are concluding negotiation with offshore suppliers to increase the Japan premium to US$ 75-78 per tonne level for July-September. The premium increases by around US$ 20 from April-June, which is the first rise in a year.
A part of the premium was settled at less than US$ 70 per tonne. However, the talk was heated up after UC RUSAL announced shipment termination for July-September. The buyers are accepting the higher premium while some of the buyers are still seeking lower premium. Some buyers could accept more than US$ 80 of premium when they try to secure additional volume, instead of metal from RUSAL. The premium is expected to increase more in and after October-December. The premium for spot purchase apparently exceeded US$ 100 per tonne under supply concern including RUSAL’s termination.M | T | W | T | F | S | S |
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28 | 29 | 30 | 31 |
Japan Steel Scrap Composite Prices (Sangyo Press)
2025/07/03H2 | NewCutting (PRESS) |
40500YEN (-200) | 42500YEN (-200) |
283.93US$ (-1.28) | 297.95US$ (-1.28) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS