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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.
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
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.
The value of aluminum can prices are subject to change and will vary from state to state and whether it’s a state with a bottle bill or deposit law. ... Pennsylvania. $0.48. South Carolina. $0. ...
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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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7068 alloy is a 7000 series aluminium-zinc alloy registered with the US Aluminium Association and produced to AMS 4331 (chemical composition and mechanical properties) and AMS 2772 (heat treatment). 7068 alloy ‘A’ and ‘B’ tensile data and fatigue properties have been ratified for inclusion in MIL Handbook 5 / MMPDS.