Japan's earthquake will lead to a decline in China's aluminum exports

Exports of Chinese aluminum alloy products may decline in the next 2-3 months. Due to the history of the largest earthquake in Japan, some automakers were forced to stop production, causing Japan to reduce its metal imports.

Japan's metal demand is expected to drop sharply in the short term. Due to the power shortage caused by the large earthquake, Toyota Motor’s plant in Japan was closed from Monday to Wednesday, and the company’s car production was reduced by approximately 40,000 vehicles.

Major automobile manufacturer Honda Motor Co., Ltd. recently announced that due to the earthquake and tsunami on Friday, the company temporarily suspended production of the plant until March 20.

According to a manager of an aluminum alloy manufacturer in China, aluminum alloys are mainly used in the automotive industry. Last year, Japan imported 50% of China’s aluminum alloy exports. A Japanese car manufacturer said that the company will accept the metal that has been shipped, but will delay Other contract orders.

An aluminum alloy manufacturer in China stated that the company is currently unable to confirm whether it can ship products to Japanese customers during the month. The company exported at least 50,000 tons of aluminum alloy to Japan last year. Last year, China exported a total of 300,000 tons of aluminum alloy to Japan.

Suppliers said that Japan may also delay the import of primary aluminum for auto production contracts.

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