en.Wedoany.com Reported - The latest forecast released by the Japan Aluminum Association indicates that demand growth in fiscal 2026 will drive a modest recovery in the country's rolled aluminum products market. According to data published by the association on April 24, demand for rolled aluminum products (including sheets and extrusions) in fiscal 2026 is expected to increase by 0.8% year-on-year from fiscal 2025, reaching a total of 1.675 million tons.

The ongoing recovery of the semiconductor market has become a key driver of demand growth. The use of rolled aluminum products in electrical machinery and semiconductor manufacturing equipment has increased significantly, while demand for window frames in the construction industry shows signs of recovery. This has also led to an upturn in demand for building materials, which had been in a prolonged decline. Additionally, as of 2025, Japan's aluminum thick plates are primarily produced by three companies: UACJ, Kobe Steel, and Nippon Light Metal. Recently, shipments of aluminum thick plates for semiconductor manufacturing equipment have shown signs of improvement, with market expectations gradually strengthening.

Due to uncertainties surrounding the Middle East situation, the impact of related factors has not been incorporated into this forecast for rolled aluminum product demand. In releasing the forecast, the Japan Aluminum Association specifically noted that the demand growth estimates are based solely on currently identifiable market conditions and do not account for the potential impact of geopolitical fluctuations in the region on the aluminum supply chain. Market participants are closely monitoring regional developments for further implications on raw material supply and prices.

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