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Aluminum Stocks In Japan's Three Major Ports Increased By 4.3%
- Sep 19, 2018 -

1. The Trump administration said on Monday that it will impose tariffs on about 200 billion US dollars of Chinese goods. The 10% tariff imposed on the above-mentioned Chinese goods will take effect on September 24, and the tax rate will be raised to 25% at the end of the year. The impact of tariff policy will be extended to a wider range of US consumers for the first time. Beijing has said that it will retaliate against this and impose tariffs on US$60 billion of US goods such as LNG and aircraft.

2. The government of Gujarat has signed a document with the Aditya Birla Group's Hindalco Industries to establish India's largest aluminum extrusion and aluminum recycling plant in the state. Invest 305 billion rupees. The investment is divided into batches. The aluminum profile processing plant with an annual production capacity of 15,000 tons will invest 200 billion rupees, while the aluminum recycling plant with an annual production capacity of 300,000 tons will invest 150 billion rupees. These projects will provide direct and indirect employment for 3,000 people.

3. As of the end of August, aluminum stocks in Japan's three major ports increased by 4.3%.

According to foreign news on September 18, trading company Marubeni said on Tuesday that as of the end of July, aluminum stocks in Japan's three major ports increased by 4.3% from last month to 323,600 tons. The statistics of Marubeni are from Yokohama, Nagoya and Osaka.

The following is the details of the main port aluminum inventory (in tons):