Current Aluminum Prices

Aluminium

Aluminium  is a chemical element. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminum is the most abundant metallic element in Earth’s crust and the most widely used nonferrous metal. The name aluminum is derived from the Latin word alumen, used to describe potash alum, or aluminum potassium sulfate

Aluminium Origin And Distribution

Aluminium is extracted from bauxite. Bauxite is the name for the ore in which around 30 to 54% of the aluminium oxide is contained. Because of the fact that aluminium has a tendency to bind with oxygen, there is very little pure aluminium found naturally. Aluminum isn't naturally found in the Earth's crust. It comes from bauxite, which has to be processed to get aluminum. It is generally found on Earth in minerals and compounds such as feldspar, beryl, cryolite, and turquoise.

Aluminium Uses

Aluminium is ideal for wiring power grids, including overhead power transmission lines and local power distribution lines because it provides a better conductivity to weight ratio than copper – also one of most common materials used in electrical applications. Aluminium has three excellent properties in particular that make it so useful in the aviation industry: high strength to weight ratio, excellent ductility, and high resistance to corrosion. In fact, it is because of aluminium that human beings have been able to fly in the first place, ever since the Wright brothers used aluminium to make the engine crankcase for their first wood-frame biplane.

Top Aluminium Producing Countries

Following are the major aluminium producing countries in the world:

1.       China
2.       India
3.       Russia
4.       Canada
5.       UAE
6.       Australia
7.       Bahrain
8.       Norway
9.       USA
10.    Iceland

Top Aluminium importing countries

1.       Canada
2.       Russia
3.       UAE
4.       Norway
5.       Australia
6.       Netherlands
7.       India
8.       Malaysia
9.       Iceland
10.    Saudi Arabia