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Secondary aluminum alloy makers accept price down for June

Wednesday, Jul 06, 2011
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Japan Metal Bulletin reported that secondary alloyed aluminum makers around Tokyo concluded price negotiation to decrease the selling price by JPY 4 per kilogram to JPY 6 per kilogram for June shipment at the after shipment negotiation.


The makers had to reduce the price due to lower primary aluminum and scrap price. The alloy price could decrease more in July due to lower tender price by major users despite of the higher demand for automobile.

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