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Aluminum Shipments by Japan Quicken on Rising Exports

Monday, Dec 27, 2010
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Dec. 27 (Bloomberg) -- Japan’s shipments of rolled-aluminum products increased at the fastest pace in three months in November, led by demand from China and other Asian countries, the Japan Aluminium Association said today.


Supplies to domestic and export markets climbed 11 percent to 183,613 metric tons in November from 164,859 tons a year earlier, according to the group. The pace of growth accelerated from October’s 5.8 percent to the highest level since August.


The expansion was led by a 33-percent increase in exports as sales to China and Southeast Asian countries improved, the association said. Overseas shipments also expanded 24 percent from October to 23,504 tons in November.


Members of the association include Furukawa-Sky Aluminum Corp., Kobe Steel Ltd. and Nippon Light Metal Co.

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