Price for Aluminum Has Been Raised to a New High Record Since the Past 15 Months

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Price for Aluminum Has Been Raised to a New High Record Since the Past 15 Months

Data from LME shows that the price for aluminum has hitted new high with price higher than usd1705/ton. With this trend. Main reasons for aluminum price hiking are as follows:

1.The cost for aluminum production is rising because of higher cost for raw materials, which has been even increased half.

2.The amount for construstion with aluminum is getting more than last years, which make the deamd for aluminum in rapidly rising status. 

TJC Steel precdits that the rising trend would continue to end of this year, which is in similar situation with steel products.

TJC Iron& Steel(Group) Co.,Ltd