Aluminium

Alloy steel (as compared to carbon steels) has a wide range of properties like strength, hardness, toughness, wear resistance, corrosion resistance, hardenability, due to which makes it suitable for high demanding applications like turbine blades, nuclear reactors etc. It also has applications that require resistance to extreme conditions of heat and/or corrosion, e.g. seamless superheater and high-temperature tubes.

Aluminium Price Index Chart

Price development

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OVERVIEW

Aluminium is one of the most widely used metals. It is recyclable, lightweight, and corrosion-resistant, which makes it ideal for numerous industrial uses. It is not only very light but also very strong. Aluminium is also suitable for moulding into bars, sheet, foil, powder, ribbon and filiform that can be widely used in different areas. It hardly corrodes and can also be recycled very easily.

Industries

Aluminium has a very wide range of applications as it is available in abundance and has numerous beneficial properties. Some of the industries it is primarily used are:

  • Aerospace
  • Automobiles
  • Manufacturing
  • Building & Construction
  • Electronics and Appliances
  • Electrical wiring
  • Packaging

Aluminium Price Development

UVI Aluminium not alloyed HS 760110
Decreased by 3.05% in Jan 2021 compared to Dec 2020.
Decreased by 5.27% in Jan 2021 compared to Jan 2020.

LME Aluminium HG, 3-months
No change in price in Apr 2021 compared to Mar 2021.
Increased by 29.36% in Apr 2021 compared to Apr 2020.