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Aluminum Shipments by Japan Drop for First Time in 2 Months

Japan’s shipments of rolled-aluminum products declined 7 percent in November, the first drop in two months, as demand weakened from automakers and builders.

Supplies to domestic and export markets decreased to 160,556 metric tons last month from 172,576 tons a year earlier, the Japan Aluminium Association said in a report today.

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

Details of output, shipments and inventories are as follows:

================================================================
             Nov 2012             Month/Month   Year/Year
================================================================
                                       (%)          (%)
OUTPUT        163,680                 -5.4         -4.4
 Flat-rolled   94,916                 -6.2         -2.2
 Extruded      68,764                 -4.4         -7.4
SHIPMENTS     160,556                 -7.4         -7.0
 Flat-rolled   91,522                 -9.9         -5.6
 Extruded      69,034                 -4.0         -8.7
INVENTORY      56,202                 +6.0         +2.0
 Flat-rolled   45,415                 +7.9         +7.3
 Extruded      10,787                 -1.5        -15.7
================================================================

To contact the reporters on this story: Aya Takada in Tokyo at atakada2@bloomberg.net; Yasumasa Song in Tokyo at ysong9@bloomberg.net.

To contact the editor responsible for this story: Jarrett Banks at jbanks15@bloomberg.net

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