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Nonferrous Metal News11/10/2009

Japan Major Al Re-rollers Post Operating Losses for Fiscal 1H
Japanese major aluminium re-rollers, except for non-listed Mitsubishi Aluminum, were suffered from operating losses in the half-year financial results for April-September 2009, though Kobe Steel's aluminium & copper business unit secured operating profit. Demand for rolled aluminium products bottomed out but stayed even lower than the same period of fiscal 2008. Re-rollers' profitability significantly worsened along stagnant market. For a full fiscal year ending in March 2010, re-rollers expect for revenue and profit recovery by their cost cut efforts.



Today's Japan Metal Bulletin E-mail
Japan Major Al Re-rollers Post Operating Losses for Fiscal 1H
Japan Secondary Al Makers Follow Demand Recovery in Fiscal 2H
Cu Scrap Export Price Maintains Weak, Tokyo

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