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2015-06-13

MarubeniCorp:Aluminum Inventory has Increased for 14 Months

Aluminum storage in three major port of Japan rose by 502200 tons compared with the 470 200 tons of the end of April, according to the report released by MarubeniCorp.

This statistics break the record in april and become the highest storage in 15 years.

Statistics in Yokohama, Nagoya and Osaka

 

Area

May 2015

April 2015

May 2014

Yokohama

258,800

234,000

120,600

Nagoya

228,400

221,200

116,800

Osaka

15,000

15,000

15,000

Total

502,200

470,200

252,400

Aluminum Expansion Plan was approved in Bahrain

A aluminum expansion project launched by Bahrain was approved by government in 11th june. It means that the melting capacity will increase by 50%.

The operation of sixth electrolyzer can increase the output by 1450000 tons, and the new productions will be send to their customers.

The companies claim that this project will start in 2016 and get into operation in 2019.and they have been pointed Morgan Stanley, Gulf International Bank as well as The national bank of Bahrain as financial consultant.

See Also...

LEM Meets Resistance in China The First Electrolyzer of 600 Kilo-ampere Fluctuation of Aluminum Foil Production
Henan Mingtai Al

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