2012年7月30日星期一

Japan's June auto diecasting aluminum shipments rise 14% on year to 39,654 mt

Japan's shipments of secondary aluminum alloy for diecast automotive components in June were 39,654 mt, up 14% year on year amid stable automotive output, Japan Aluminum Alloy Refiners Association said Monday.

The June shipments rose from May's 37,622 mt due to more operating days during the month.
Japan's automotive production in June was 769,251 vehicles, up 23.9% year on year, and up 14.4% from a month earlier, according to Japan Automobile Manufacturers Association.

"June was not too bad as domestic smelters were able to run their plants as scheduled. But they have concerns about demand possibly falling from October, due to the end of government car purchase subsidy program," said Shoji Matsunaga, the association secretary general. The subsidy program, designed to encourage spread of fuel-efficient vehicles, is likely to end during the current quarter as the government budget is running low, the Japanese automakers have said.

The total secondary aluminum alloy shipments including those for steelmaking, housing components and other applications were 68,019 mt, up 6.9% year on year and up 5% from a month ago.

Meanwhile, secondary aluminum alloy imports from China in June were 30,325 mt, down from 38,682 mt in May. The imports from China are mostly auto diecasting alloys and compete with the Japanese domestic productions.

"Import volumes from China are affected by the exchange rate. The dollar was relatively strong in June, but I hear in July import volumes started to increase again due to the weaker dollar," Matsunaga said.

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