Aluminum decreased 294.50 USD/Tonne or 16.32% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material. The biggest producers of aluminum are: The Aluminum Corporation of China (Chalco), Alcoa and Alumina Ltd, Rio Tinto from Australia, UC Rusal of Russia, Xinfa from China, Norsk Hydro ASA from Norway and South 32 from Australia. China accounts for nearly 60 percent of global aluminum output. The biggest resources of bauxites, the raw material for aluminum are located in Australia, China and Guinea. The Aluminum prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our aluminum prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. .
Aluminum is expected to trade at 1483.34 USD/Tonne by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1392.29 in 12 months time.
Historically, Aluminum reached an all time high of 3271.25 in July of 2008. Aluminum – data, forecasts, historical chart – was last updated on April of 2020.
One of the most visible uses of standard aluminum extrusion and custom aluminum extrusion solutions is in the use of aluminum doors and windows. At Shenghai Aluminum, we specialize in the creation of frames for doors and windows. Our clients order frames for consumer products, commercial materials, and industrial supplies. In addition to aluminum doors and windows, we also provide display profiles and frames for industry. Whatever your needs with regard to aluminum doors and windows, we can help you to achieve your goals.
Our team is highly trained, experienced, and knowledgeable in the area of standard and custom aluminum extrusion. Located in south China, we provide professional services to clients throughout the whole province, across the country, and all around the globe. We are committed to providing our customers with top quality aluminum extrusion products and have earned a solid reputation in the industry for doing so. In addition to our custom orders, we offer services in four distinct areas for quality door and window construction.
Standard Aluminum Extrusion Frames
Our engineers and technicians have perfected the skill of extruding quality frames for our clients. Our methods exceed the industry standards to deliver results that go beyond our customers’ expectations. In addition to engineering and design, extrusion and fabrication, we also offer finishing services, which include painting, anodizing, and powder-coating solutions. We take pride in the quality control that we are able to deliver, both in the manufacture and transport of the products that we create. Our team dedicates themselves to every single step of the process, ensuring delivery of top-shelf products with absolutely no scratches, dents, or inconsistencies.
All of the components in our extrusion system are top of the line, enabling us to create custom and even standard aluminum extrusion products that exceed industry requirements.
Reinforcement Aluminum Profiles
One of the most important aspects of product development for aluminum doors and windows is in the initial engineering and design. While our team can create virtually any shape or size, according to the needs of the client, it is critical to the success of the project to work directly with customers to ensure that every part or component will come out exactly as planned. We have found that client satisfaction greatly improves when we are able to start working with the customer as early as possible in the design phase of the project. Lean on the knowledge, experience, and training of our entire team of engineers and technicians to make sure all details are considered prior to production.
From door frames and paneling to display profiles and frames for windows, our goal is to find the most effective, efficient, functional, and aesthetically pleasing solutions for each order. Whether custom or standard aluminum extrusion is chosen, we will work with you to make sure that each extrusion fits dimensionally within the overall finished product. We can make changes and alterations to accommodate any specification to provide results that will exceed the customers’ expectations.
Eco-Friendly Solutions
At Shenghai Aluminum, we do so many projects for quality aluminum doors and windows that we have taken the next step to provide our clients with thermal filling and de-bridging solutions at our one-stop-shop for custom aluminum extrusion, fabrication, and finishing. Many of the door designs that we have worked on provide a thermal break or barrier to allow for increased insulation from the outdoor elements. We have a fully automated filler and de-bridging machine at our facility to fulfill this need in-house. Our team has the capability of first filling the break in the profile, and then de-bridging it to achieve any cavity depth required.
This extra step is performed according to each client’s specifications. Our goal is to provide our customers with value-added services that are performed under the watchful eye of our highly trained staff. By providing these additional services for aluminum doors and windows, as well as for display profiles and frames, we can help clients to save time and money that would be spent on adding these extra features after extrusion and fabrication. You can get all of the services and options you need at Shenghai Aluminum for all of your custom and standard aluminum extrusion projects.
It might be difficult to accept yet just 150 years back aluminum was thought to be silver from earth and a to a great degree costly sort of metal. Today, aluminum positions number two in the utilization volumes among every one of the metals, outperformed just by steel. In the coming decades the interest for aluminum will keep expanding at relentless rates. Late advancements in the engine business, the fast development of urban communities, new potential employments of aluminum as a substitute to copper in the power business – these and numerous different patterns imply that the winged metal is all around put to reinforce its overwhelming position as a key basic material of the 21st century.
In 2014 worldwide aluminum generation have come to 54 mln tons. The ex-China aluminum market was in shortage of 1.2 million tons.
As indicated by CRU and International Aluminum Institute in the principal half of 2015 aluminum creation on the planet outside ex-China developed by 2% YoY to 13 million tons. This development was mostly from Asia and the Middle East, with South and North America driving the decrease underway.
Overcapacity in the Chinese aluminum advertise proceeded all through the primary portion of 2015. Subsequently add up to aluminum stocks in China in the principal half of 2015 achieved 2.65 million tons. From January to May 2015, Chinese introduced aluminum limit ascended by 1.0 million tons for each year to 36.545 million tons.
The primary change to the supply condition came about because of the fare of aluminum semis from China. Net fares of semis rose by 47% YoY in the primary half 2015. Because of a regular lull in the residential market, aluminum item makers needed to send out, even at a misfortune, so as to create income.
Accordingly of both rising Chinese semi fares and development of ex-China aluminum creation, RUSAL gauges that the worldwide aluminum advertise faces a minor excess of 277,000 tons in FY15.
In 2014 four biggest aluminum makers on the planet have decreased the generation of the metal. Then whatever remains of the TOP-10 organizations have expanded yield by 300-400 thousand tons. Norwegian maker Hydro had the speediest generation development – from 1.25 to 1.96 million tons.
Worldwide aluminum request in 2014 rose by 7%, for the most part thus of more grounded request in North America and China in the final quarter of 2014. In the meantime, request in developing markets including Russia, Latin America and India demonstrated lower utilization in the final quarter of 2014 and therefore missed desires for the whole 2014 gauge.
In the main portion of 2015, worldwide aluminum request ascended by 6.3% to 28.6 million tons subsequently of more grounded request in North America and the EU. Inside the BRIC economies, the development of Indian request has been a key giver to development.
Interest for aluminum in North America enhanced by 5.6% in examination with 2014. Insights from the Aluminum Association show that the year-to-date new factory orders list expanded by 5.8% in the main portion of this current year, while shipments of aluminum expelled items by U.S. what’s more, Canadian makers expanded by 9.0%. Aluminum request in Europe developed by 2.3% year-on-year.
Turkey, Italy, France and Germany speak to the key development markets, separately expanding utilization by 6.1%, 2.6%, 2.4% and 1.1%.
Barring China, essential aluminum utilization in Asia expanded by 1.3% in 1H 2015 contrasted with a similar period in 2014.
On the negative side, Japan’s mechanical yield diminished in May by 4% YoY as a stoppage in the creation of transport hardware and autos debilitated the recuperation. Mechanical generation in the Republic of Korea diminished by 2.8% YoY and 1.3% month-on-month in May. Car generation in South Korea fell by 3.3% YoY in January-May 2015. Thus, South Korea’s essential aluminum utilization development eased back to 2.4% in 1H 2015. China’s essential aluminum evident utilization was 14.6 million tons in 1H 2015, up by 10.4% YoY. Chinese GDP development on a yearly premise was superior to anything expected, achieving 7%.
Worldwide aluminum request development in 2015 is required to be 6% achieving 58 million tons.
Interest for aluminum frame the carmakers is relied upon to develop by 7% in 2015 as auto deals joined with the aluminum content in autos rising altogether. Automakers expended a record measure of aluminum a year ago as diving costs and mechanical leaps forward made it a suitable other option to steel.
Worldly dive in oil cost will make extra interest for autos as per the US showcase measurements, in January 2015 deals expanded by almost 14% and over portion of offers included extravagant pickups and game utility vehicles.
Aluminum profile is made of the aluminum stick that forms different shapes of aluminum materials through different degrees of hot melt, extrusion. Aluminum profiles are widely used, usually in construction, home improvement, industry, etc. So, how much aluminum profile is? Do not worry. As below, I will introduce you aluminum prices and some knowledge about aluminum.
Characteristics of aluminum profile
Corrosion resistance
Aluminum density is only 2.7g/cm3, which is 1/3 of the density of steel, copper or brass (7.83g/cm3, 8.93g/cm3). Aluminum can show excellent corrosion resistance in most environmental conditions, including in air, water (or brine), petro chemistry and many other chemical systems.
Electrical conductivity
Aluminum profiles are often used because of their excellent electrical conductivity. On the basis of equal weight, the conductivity of aluminum is nearly two times of that of copper.
Thermal conductivity
The thermal conductivity of Aluminum Alloy is about 50-60% of copper, which is favorable to the manufacture of heat exchanger, evaporator, heating appliances, cooking utensils, and the cylinder head and radiator of car.
Non-ferromagnetism
Aluminum is non-ferromagnetic, which is a significant feature for the electrical and electronic industries. Aluminum profiles are not self-inflammable, which is important for applications involving handling or exposure to flammable and explosive materials.
Machinable property
Machinable property of aluminum profiles is excellent. Machinable property change considerably in various wrought aluminum alloys and cast aluminum alloys, as well as in the various conditions after the output of these alloys, , which requires special machine tools or technology.
Formability
The allowable deformation is dominated by specific tensile strength, yield strength, ductility and the corresponding work hardening rate.
Recycling
Aluminum has high level of recovery. In addition, the characteristics of recycled aluminum are hardly different from primary aluminum.
Specification about Aluminum profile
Specifications about Aluminum alloy doors and windows profile are: 35-series, 38-series of, 40-series, 60-series, 70-serie, etc. The so-called 35, 38…… , refers to width of the aluminum alloy profile main frame is 35 mm, 38 mm……. Balcony closure usually uses 70-series or 90-series, and if less than 70, the strength is hard to guarantee.
Aluminum prices
Aluminum production process mainly three processes including casting, extrusion and coloring (coloring mainly includes: oxidation, electrophoresis coating, fluorine carbon coating, wood grain transfer etc.) the color in general are silver white, black, bronze, gold, etc. Aluminum prices are different from one to another. Generally speaking, they are mainly affected by some main factors, such as types, use, brands. Generally, Aluminum prices are tens of thousands, and the price range is 14000 – 50000 Yuan per ton.
Note: this price is for reference only! Because different regions, of course, prices will vary. For more information about the price, please be subject to the local dealer!
The non-ferrous metals industry’s monthly prosperity index report was released in Octorber,2016, which was made up by the China nonferrous metals industry association, China academy of economic trends of the Economic Daily and China economic monitoring center of the National Bureau of statistics. The report showed that the prosperity index of non-ferrous metals industry was 27.6. Compared with last month, it increased by 2.2, rising to the upper edge of a “rather cold” area. The growth has expanded month by month since the third quarter, and the whole industry presents a positive trend.
At the same time, the ex-factory price has risen firstly since 2012. Because of this, the total profit of non-ferrous metals industry increase dramatically, and the profit rate gets a great improvement compared to the same period of last year. Meanwhile, there is a remarkable achievement in terms of scientific and technological innovation, transformation and upgrading and the green development. However, in addition to the influence of the rebound in price, sales status has not been improved obviously; the weakness in demand and the pressure of excess capacity are still high.
The overall recovery of the industry
In October, 2016, China Economy non-ferrous metals industry prosperity index increases 2.2 to 27.6 compared with last month, and the leading synthetic index is 82.5, rising by 1.9 compared with last month. “Since this year, both the leading synthetic index and the prosperity index are growing up, especially the prosperity index has soared in “cold area” and the industry presents a positive trend. “ The vice secretary-general of China non-ferrous industry Wang Huajun analyses it. And he estimates that the non-ferrous metals industry will show a stable recovery tendency in a short term.
According to the global economic environment, the global economy will remain a moderate growth in the fourth quarter in 2016; American economy has developed rapidly; European economy maintains the slow growth. Although it is still in the weak range in general, the recovery of emerging economies tends to pick up. In terms of domestic economy, the national economy runs smoothly, which is better than expectation. Commodity prices continue to rise and the supply and demand of the domestic market present positive changes. Moreover, RMB devaluation becomes the impetus for the export growth of the non-ferrous metals industry and also stimulates the export activities. The non-ferrous metals’ allied industries recover distinctly and the supply-demand relationship improved significantly. ( A Chinese aluminum profiles supplier, Shenghai Aluminum Co., Ltd translated)
The second round of 7 environmental protection inspection teams arrived in seven regions from November 24 to 30 to supervise environmental protection work, including Beijing, Shanghai, Guangdong, Hubei, Chongqing, Shaanxi and Gansu.
What’s impact on producers in the aluminum industry from the inspections?
Aluminum and alumina producers
Chinese government has taken a tough stance in environmental protection inspections since the beginning of 2016. Domestic aluminum and alumina producers are mostly large-size producers equipped with environmental protection facilities, and so they have suffered little impact from the inspections, except one aluminum producer in central China. The producer was requested to shut down its captive power plant and to source electricity from power plant directly in the previous round of inspections.
SMM survey finds that one alumina producer in Chongqing has been requested to cut alumina capacity by 350,000 tonnes for environmental upgrading after excessive discharge of pollutants. The producer is now running at 350,000-tonne alumina capacities, with output all for its aluminum production use. So far, it is unknown for offline capacities to go back to normal.
Aluminum processing producers
Domestic aluminum processing producers are suffering a big impact from environmental protection inspections, SMM survey finds. The stricter inspections led to closures of aluminum billet producers in Inn Mongolia’s Huolinhe, switching from coal to natural gas at copper plate/strip, sheet and foil producers in Gongyi, and production halts at small and medium coal-fired aluminum extrusion producers in Hebei.
In recent days, aluminum processing producers have been hit by the inspections in Foshan, Guangdong. This is not the first inspections on local producers in the region, and the local government has started inspections on aluminum extrusion producers since 2014. In accordance with Air Pollution Prevention and Control Action Plan on Aluminum Extrusion Producers in Foshan in 2014, the local government closed 37 producers in Nanhai District, and completed rectification work on 94 producers.
Since 2016, environmental protection inspection teams sent by China’s central government arrived in the region, and the local government stepped up efforts to push for the inspections. Foshan’s government this April introduced the Plan for Promoting Air Pollution Prevention and Control Action on Aluminum Extrusion Producers in 2016-2017. According to the plan, a new round of inspections would be carried on all 157 aluminum extrusion producers in the region, and all producers would be requested to complete clean energy upgrading before late June 2017, or they would be shut down. Currently, 51 producers in Nanhai have completed the upgrading, and another 75 producers will finish the overhaul by late October.
Some small and medium-size producers have closed their smelting furnaces for severe energy pollutions, shifting raw material from aluminum ingot to aluminum billet. Processing fees for aluminum billet, which has already been tight, skyrocketed in the region after the shift, and trading for aluminum ingot was sluggish as a result, reversing the gap between Guangdong and Shanghai.
SMM believes that the impact from environmental protection inspections will be a typical regional one, and will be limited on the overall industrial chain. Hence, the impact on price will be small in all price influential factors. Attention should be paid more to whether or not producers violating the rules will upgrade their units to meet requirements, so as to give more consideration to environment and future generations than costs and profits.
TOKYO — Aluminum’s worldwide rally could be near its end as China boosts exports of the metal not needed at home amid the nation’s massive production capacity.
Charting the rise
Three-month aluminum futures on the London Metal Exchange traded around $1,760 per ton Monday night, Japan time — about 10% higher than during a recent low Oct. 20.
An upswing in the Chinese futures market led this increase. Prices for steel materials such as iron ore and coal have been climbing for some time in China. Speculators are now racing to close short positions in aluminum as well, anticipating greater Chinese infrastructure investment and construction demand.
“Funds are flowing into nonferrous metals from the overheating real estate market,” among other sectors, said Shinya Ikezaki, chief trader at Japanese trading house Mitsui & Co.’s LME department.
Hopes also are high for aluminum demand in the U.S., as President-elect Donald Trump has promised massive infrastructure investment. In addition, American automakers have been developing pickup trucks using lightweight aluminum alloys since last year to help meet tougher fuel-efficiency standards.
‘Crumbling’ relationship
But a closer look at China, the world’s leading aluminum producer and consumer, shows dimmer prospects for the market overall. The strength of the nonferrous metals market and the country’s rapidly growing gross domestic product have been tightly correlated over the past 20 years. However, this relationship “is crumbling,” said Takayuki Homma of Sumitomo Corp. Global Research.
This change could be linked to an overexpansion in production capacity as well as a surge in real production, particularly in aluminum. Sources such as the Japan Aluminium Association estimate global output of the metal exceeds 50 million tons annually. China accounted for 30.8 million tons of output in 2015. Yet aluminum production capacity in that country is thought to have crossed 40 million tons in the past five years, according to an official handling bullion at trading house Marubeni.
The global market is paying the price for this capacity boom. China produces more aluminum than can be consumed domestically, and the country exports to destinations such as the U.S., Europe and Southeast Asia in the form of aluminum products to avoid import tariffs. In 2015, China sent a record 4.76 million tons of aluminum overseas, including bullion, alloys and more processed products. Exports totaled 3.82 million tons in the first 10 months of 2016, and recent weakness in the yuan could fuel further shipments.
China’s aluminum refineries now operate at roughly 75% capacity on average. Output likely will climb with prices. Even if China’s economic recovery stokes domestic demand and speculators’ forays into the futures market continue, it is difficult to imagine that the London Metal Exchange three-month price of the metal will cross into the $1,900 level in the near future, market sources say.