Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Japan Aluminum Shipments Drop With Auto, Electronics Demand

Don't Miss Out —
Follow us on:

Feb. 27 (Bloomberg) -- Shipments of rolled-aluminum products by Japanese fabricators to domestic and overseas markets fell 8.7 percent in January, the third monthly decline, as demand weakened from automobile and electronics makers.

Volume dropped to 142,790 metric tons from 156,455 tons a year earlier, the Japan Aluminium Association said in a report.

Shipments to the auto industry slumped by 14 percent as vehicle sales in Japan declined after the government ended subsidy payments to buyers of fuel-efficient models last year, according to the association. 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:

================================================================
             Jan 2013              Month/Month   Year/Year
================================================================
                                       (%)          (%)
OUTPUT        138,719                -10.2         -8.4
 Flat-rolled   77,628                -14.1         -4.3
 Extruded      61,091                 -4.6        -13.2
SHIPMENTS     142,790                 -6.4         -8.7
 Flat-rolled   80,946                 -8.7         -4.5
 Extruded      61,844                 -3.2        -13.8
INVENTORY      54,729                 -6.2         -0.3
 Flat-rolled   43,677                 -7.2         +4.1
 Extruded      11,052                 -1.8        -14.7
================================================================

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: Brett Miller at bmiller30@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.