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aluminum-investing

Aluminum Fee to Japanese Buyers Reduced for First Time in Nine Months

Investing News Network
Sep. 01, 2011 12:48PM PST
Market News

Bloomberg reports that Aluminum buyers in Japan agreed to a 2 percent cut in fees charged by a major producer.

Bloomberg reports that Aluminum buyers in Japan agreed to a 2 percent cut in fees charged by a major producer.

The market news is quoted as saying:

Imports of refined aluminum dropped 11 percent to 809,573 tons in the six months ended June 30 from 912,390 tons in the same period last year, data compiled by the Japan Aluminium Association showed. Imports jumped 28 percent to 1.72 million tons last year.

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