Category: Galvanized Plain Coil
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Japan: Aluminum loading premium for Jan-Mar’22 drops 20%, q-o-q, to $177
Negotiations between overseas aluminum bullion producers and Japanese consumers for the Jan-Marβ22 loading premium have settled at $177, down 20% ($43) against the previous quarter. Decline in western premiums and stagnation in automobile production drove the negotiations, as per a Japan Metal Daily (JMD) report. Global supply and demand of new aluminum bullion is likely…