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LME Aluminium contracts trade on the London Metal Exchange, which introduced them in 1978. [12] The contracts require physical delivery of the asset for settlement, and deliverable assets for the contracts are 25 tonnes of high grade primary Aluminium. The contracts prices are quoted in US dollars per tonne.
Depending on the brand, estimates show there are usually 32 to 35 cans per pound. ... Tin scrap in the U.S. generally goes for $110 per ton on today's open market. ... Scrap metal prices are ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Aluminium is an infinitely recyclable material, and it takes up to 95 percent less energy to recycle it than to produce primary aluminium, which also limits emissions, including greenhouse gases. Today, about 75 percent of all aluminium produced in history, nearly a billion tons, is still in use. [20]
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In 2014, by contrast, the US ranked sixth in primary aluminum production, and provided only 3.5% of world production. US production of primary aluminum peaked in 1980 at 4.64 million metric tons. Since then, US primary aluminum production has fallen by more than half, but secondary production has increased, making up much of the difference.
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Century Aluminum Company is a US-based producer of primary aluminum, with aluminum plants in Kentucky, South Carolina and Iceland. It is the largest producer of primary aluminum in the United States. [1] The company is a publicly held corporation listed on the NASDAQ. The headquarters is at One South Wacker in Chicago. [2] [3]