It was reported that the demand for aluminum in Japan dropped by 3% year on year to 313,200 tons in September, mainly due to a sharp decline in demand in the transportation industry caused by the shortage of semiconductor chips.
Owing to global shortages of chips and delays in the procurement of components in Southeast Asia, the output of passenger vehicles of Japan’s eight automakers had a year-on-year decline of 49.7% in September, reaching around 398,100 units.
The previous sharp drop in Japan’s automobile output was in May 2020, when the COVID-19 epidemic disrupted the market, with domestic production plummeting by 61.8% year on year.
Japan’s aluminum demand declines in Sep on semiconductor chip shortage
1 Dec 2021 16:35 reported by Joy Liu
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