Aluminium Prices Chart
Aluminium Prices Quote
Aluminium is a soft, durable, lightweight, ductile and malleable metal with appearance ranging from silvery to dull gray, depending on the surface roughness. Aluminium is nonmagnetic and nonsparking[clarification needed]. It is also insoluble in alcohol, though it can be soluble in water in certain forms.
Aluminium prices ended higher with gains of more than a percent on both LME and MCX. History Aluminium Prices on London Metal Exchange witnessed draw-downs,Analysts said the reported figures fell largely in line with expectations but meant that Rusal will need strong global Aluminium Prices to help it overcome.
From $2470/tonne in end-December last year, Aluminium Prices went to $2797/tonne in the first week of May. While the rally was due to some temporary supply disruption in the market, Hindalco Industries, the local aluminium manufacturer which supplies to TTK Prestige, had also increased prices. Domestic Aluminium Prices keep pace with prices in the global Aluminium market. In the last year, the increase in LME Aluminium Price was around 15 per cent. TTK Prestige, however, was able to maintain operating profit margins around 16 per cent for 2010-11. Its leadership position in the market helps it pass on cost increases. The company revises its prices every six months depending on the behaviour of the cost-side components. In April, the company increased the price of pressure cookers by 4-6 per cent. However, the good news is commodity prices, globally, have come off peak. Aluminium is trading at $2499/tonne currently, down nearly 10 per cent from the highs in the beginning of the current month.
Aluminium has about one-third the density and stiffness of steel. It is easily machined, cast, drawn and extruded.Aluminium is one of the few metals that retain full silvery reflectance in finely powdered form, making it an important component of silver-colored paints. Aluminium mirror finish has the highest reflectance of any metal in the 200–400 nm and the 3,000–10,000 nm regions; in the 400–700 nm visible range it is slightly outperformed by tin and silver and in the 700–3000 by Silver Prices, Gold Prices, and Copper Prices.
"This has History Aluminium Price increases and meant that aluminium has underperformed relative to other commodities," Mr Morley told shareholders at Alumina annual meeting. "Spot and index Aluminium Prices have strengthened to around $US420 ($391.70) per tonne and Aluminium Prices to more than $US2700 per tonne.
Aluminium Recycling Prices involves melting the Aluminium Scrap Prices, a process that requires only 5% of the energy used to produce aluminium from ore, though a significant part (up to 15% of the input material) is lost as dross (ash-like oxide).The dross can undergo a further process to extract Aluminium Prices Chart.
Aluminium Recycling Prices is known as Aluminium Scrap Prices, but maintains the same physical properties as primary aluminium Prices. Secondary aluminium Prices is produced in a wide range of formats and is employed in 80% of the alloy injections. In Europe aluminium experiences high rates of recycling, ranging from 42% of beverage cans, 85% of construction materials and 95% of transport vehicles.