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The contracts prices are quoted in US dollars per tonne. LME prices have minimum tick sizes of $0.50 per tonne (or $12.50 for one contract) for open outcry trading in the LME Ring and electronic trading on LMEselect, while minimum tick sizes are reduced for inter-office telephone trading to $0.01 per tonne (or $0.50 for one contract).
The output continued to grow: the annual production of aluminium exceeded 50,000,000 metric tons in 2013. [105] The real price for aluminium declined from $14,000 per metric ton in 1900 to $2,340 in 1948 (in 1998 United States dollars). [105] Extraction and processing costs were lowered over technological progress and the scale of the economies.
English: Nominal (in contemporary United States dollars, in blue) and real (in 1998 United States dollars) prices of aluminium per metric ton from 1900 through 2015.
Price Per Pound of Aluminum. State. Price Per Pound of Aluminum. Alabama. $0.49. Alaska. $0.23. Arizona. $0.40. Arkansas. ... Tin scrap in the U.S. generally goes for $110 per ton on today's open ...
In 2023, the U.S. imported 25.6 million metric tons of steel and exported a little more than 8.2 million metric tons. About half of the aluminum used domestically is imported and by global ...
The total amount of unalloyed aluminium produced using Deville's chemical method from 1856 to 1889 equaled 200 metric tons. [47] Production in 1890 alone was 175 metric tons. It grew to 715 metric tons in 1893 and to 4,034 metric tons in 1898. [71] The price fell to $2 per pound in 1889 and to $0.5 per pound in 1894. [97]