TOKYO, Aug 23 (Reuters) – One international aluminium producer has supplied Japanese consumers premiums of $230 per tonne for October-December main steel shipments, up 24% from the present quarter, three sources straight concerned in quarterly pricing talks mentioned on Monday.
Japan is Asia’s greatest importer of the steel and the premiums for main steel shipments it agrees to pay every quarter over the London Steel Alternate (LME) money value CMAL0 set the benchmark for the area.
For the July-September quarter, Japanese consumers agreed to pay a premium of $185 per tonne PREM-ALUM-JP, up 24-25% from the prior quarter and the very best in additional than six years as international demand picks up after a pandemic-induced hunch.
(Reporting by Yuka Obayashi; Enhancing by Susan Fenton)
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