Asia&#**;s aluminium ingot sector faces a split as Japan&#**;s auto woes and US tariffs drive price drops, contrasting with China&#**;s stable production. External pressures and demand shifts define the landscape.
Key Takeaways
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Aluminium ingot prices fell in late March due to weak demand, oversupply, and sluggish downstream activity.
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Japanese automakers are under pressure due to declining demand and the new *** U.S. tariff on non-U.S.-made cars.
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In China, aluminium ingot prices showed a slight downward bias, with steady raw material costs and increased domestic bauxite production.
Aluminium ingot prices in Japan nosedived in the last week of March due to weak demand. While aluminum stocks increased at three major Japanese ports, demand from the automotive and construction sectors in Japan remained subdued. Japanese automakers are facing a major challenge, with significant demand pressures and new U.S. tariffs of *** on non-US made...
