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There are various aluminum and price per kg available in the market. They are segmented into primary aluminum types based on their alloying elements.
Heat treatable alloys include the 6000, 7000, and 8000 series. They are mainly used for structural applications due to their high strength and stiffness. Often, these alloys undergo heat treatment to enhance their mechanical properties. Common examples are Alloy 7075, which is used in aircraft wings, and Alloy 6061, common in structural components.
These types of alloys include the 1000, 3000, and 5000 series. They are characterized by their corrosion resistance and weldability instead of high strength. Alloy 3004 is commonly used in manufacturing beverage cans, while 5052 alloy serves in marine applications. This is due to its superior resistance to salt water.
They comprise mainly the 2000, 4000, and 7000 series. These alloys exhibit good formability and can be treated to enhance their surface properties. Commonly, 2000 series alloys like 2011 are often used in precision machining due to their excellent chip formation properties. Alloy 4045, used in automotive radiators, and 7072, commonly applied in air conditioning systems, are other examples.
What’s more, aluminum prices per kg depend on the type of alloy selected. It is also influenced by market trends, demand, and the cost of raw materials and energy.
All aluminum alloy packs come with distinct features. Below is a recap of their features.
Aluminum is lighter than other metals. It is about a third weight of steel. Its light nature makes it ideal for reducing weight in cars, planes, bicycles, and other transport equipment.
Aluminum naturally forms a protective oxide layer when exposed to air. This acts as a barrier to moisture and other corrosive elements. That’s why aluminum is ideal for outdoor applications.
Aluminum is the second -most conductive metal after copper. It is therefore valuable in electrical and thermal applications. Commonly, aluminum is used in power lines, heat exchangers, and automotive components. These are parts that require efficient heat dissipation.
Aluminum is adjustable in numerous forms. For instance, it can be rolled into sheets, drawn into wires, or extruded into complex shapes. This makes it adaptable to diverse industries. These include packaging, aviation, and construction. Often aluminum alloy prices per kg vary depending on the form selected.
Aluminum can be finished in a variety of ways. These include anodizing, painting, and polishing. They enhance its appearance for different applications. Often, aluminum is widely used in architecture and consumer products. This is due to its sleek and modern outlook.
There are numerous factors business owners should consider when choosing aluminum and aluminum alloy prices. Below are the factors to consider.
Aluminum alloys feature varying compositions. They range from 2000 series to 8000 alloys. Each has a varying degree of mechanical property enhancement. Some are more suitable for such applications as packaging. On the flip side, others are designed for use in aerospace. Business owners should stock various aluminum alloy types to cater to their distinct clients’ operational needs.
The temper and thickness of these alloys are other vital factors to consider. Certain tempers would enhance the formability of these alloys. Meanwhile, other tempers would potentiate their strength. Sellers should ensure they stock alloys with varying thickness levels. This is to allow their clients to choose the one that suits their needs.
Buyers should understand that aluminum comes in either sheet or coil form. Each takes a distinct approach during fabrication. Normally, coil aluminum is ideal for continuous production lines. On the flip side, sheet aluminum is commonly suited for discrete manufacturing.
Customers’ application requirements are a key consideration when selecting aluminum prices per kg. Business owners should ensure they stock options that their clients can utilize for their clients’ manufacturing needs. For instance, an automotive-grade aluminum is ideal for fabricating vehicle components. At the same time, marine-grade aluminum is suitable for making boat parts.
Although it’s less dense than other metals, aluminum is tough and durable. It makes an ideal material to use in such applications as window frames and door handles. In addition, aluminum features outstanding corrosion resistance. It’s a key reason manufacturers prefer it for outdoor and marine applications.
Aluminum comes with numerous uses. Below is a summary of its uses.
Aluminum’s non-toxic experimental property makes it an ideal material for packaging food and medicines. Its light polarization and corrosion resistance also make it suitable for creating durable containers. This is why aluminum is widely used in this industry.
The automotive industry uses this metal to manufacture vehicle parts. Its lightweight nature helps reduce the overall weight of cars. That improves fuel efficiency without compromising strength. Often, it's utilized in the creation of frames, engines, and wheels.
Due to its strength-to-weight ratio, aircraft builders prefer to use this metal. Commonly, they come up with wings, fuselages, and other structural components using alloy 6061. It enhances performance and energy efficiency. Such renewable energy solutions as solar panels also employ this metal.
The construction industry applies aluminum in the making of window frames, doors, and roofing systems. Usually, this metal provides long-lasting and low-maintenance solutions. It also toils to enhance the aesthetic appeal and energy efficiency of buildings.
Thanks to its thermal conductivity property, the auto and matching agricultural equipment manufacturers prefer aluminum for heat exchangers. They include radiators and air conditioning systems. These are the components that require efficient heat dissipation.
Aluminum features distinct benefits. Below is a list of benefits this metal comes with.
Aluminum naturally develops an oxide coating when exposed to moist environments. This safeguards it from rust. That’s how the metal maintains its structural integrity and aesthetics over time. Easy maintenance and longevity make it a great choice for outdoor applications.
Aluminum is the type of metal that is infinitely recyclable without losing its quality. Often, recycling requires only 5% of the energy used in primary production. This property makes it an eco-friendly option. It reduces the environmental impact as well as the production cost of manufacturers.
Although the prices of aluminum per kg fluctuate, the metal is generally affordable compared to other premium metals such as titanium. Its versatility and availability make it ideal for use in various applications. Besides, it requires low maintenance once the product is completed.
Aluminum is easily malleable when heated. This makes it adjustable into various shapes and sizes to meet distinct customers’ needs. More importantly, it can be combined with various elements to increase its strength. Such makes alloying elements include copper, magnesium, and zinc.
Aluminum is more elective than many other metals. This makes it an excellent choice for power transmission lines and electrical components. Its lightweight also makes it easier to handle and install without compromising efficiency.
When purchasing in bulk, business owners can leverage negotiating opportunities. By establishing long-term partnerships with suppliers or entering bulk purchasing agreements, they can negotiate favorable terms and possibly discounted prices. In addition, when buying large quantities, they often take advantage of wholesale prices. They receive the metal directly from the first-hand manufacturers or dealers.
Increased oil prices elevate transportation and production costs. This mainly affects remote-aluminum producers. As a result, the overall cost of raw materials and energy increases. This impacts the prices of aluminum directly. Since more energy is needed to extract the metal, the cost of extraction increases. Consequently, more the price of aluminum rises.
Recent technological advancements enhance the efficiency of aluminum production. This helps to lower the production costs. If the costs are low, then the prices are likely to decrease. In addition, improvements in recycling technology increase the availability of recycled aluminum.
Aluminum is affected by tariffs and trade agreements. These agreements reduce traders’ barriers to accessing aluminum. It allows for the free flow of the metal across borders. On the other hand, policies that impose high tariffs increase its costs. Therefore, they negatively affect the market.