Automotive downturns and raw material shifts are shaping aluminium alloy ingot markets. China and Japan navigate demand uncertainties, revealing key market dynamics.
Key Takeaways
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The aluminium alloy ingot (ADCxx) market in China is seeing some improvement in downstream demand, but it remains weak, limiting any significant price increases.
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Improved raw material availability is reducing procurement pressures for secondary aluminium producers.
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In Japan, demand from the auto sector remains weak, with automakers expecting a xxx decline in operating profits for Qx xxxx.聽
China
The Aluminium alloy ingot (ADCxx) market is experiencing a moderate downstream demand rebound, but the current demand uptick is not strong enough to significantly raise aluminium alloy ingot prices. Currently improved availability in the raw material sector is easing procurement pressures for secondary aluminium plants.
A significant year-over-year decline in March orders for die-casting companies has resulted in reduced demand for aluminium alloy ingot. Furthermore,...
