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PrintJapanese secondary aluminum alloy ingot production hit the monthly lowest in January since the statistics had begun. The production was 38,626 tonnes, down by 58.6% from a year earlier, according to Japan Aluminum Alloy Refiners Association. Secondary aluminum alloy shipment decreased by 55.4% to 41,521 tonnes in January from a year earlier, the secondly lowest record.
The shipment dropped by 57.3% to 22,491 tonnes for die casting and by 57.4% to 10,172 tonnes for casting, both of which represented the widest minus. Secondary aluminum alloy production showed year-on-year decline for 8 straight months while the shipment for 6 straight months.
Operating rate of Japanese secondary aluminum alloy makers is recently around 30%. Their operations are unlikely to recover before May 2009 when Japanese automakers plan to raise car productions. –Japan Metal Bulletin
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