LME aluminum price rises on Mar 21, hit 11-week high

Due to the rebound in demand from China, the world’s largest consumer, aluminum prices on the London Metal Exchange (LME) rose by US$28.5 on March 21 to an 11-week high.

According to customs, China imported about 720,000 tons of unwrought aluminum and other aluminium products from January to February this year, soaring by 93.6% from the same period in 2023

Due to its excellent physical properties, aluminum has been widely used in various sectors of the national economy and the national defense industry.

As a lightweight structural material, aluminum is light in weight and high in strength. Various land, sea and air vehicles, especially aircraft, missiles, rockets, artificial satellites, dan lain-lain., all use a large amount of aluminum.

The amount of aluminum used in a supersonic aircraft accounts for aluminium accounts for 70% of its own weight, and the amount of aluminum used in a missile accounts for more than 10% of its total weight.

Various vehicles made of aluminum and aluminum alloys can reduce energy consumption due to their light weight. The energy saved far exceeds the energy consumed in smelting aluminum.

In the construction industry, aluminum alloys are used to make doors, windows and structural materials for houses, and aluminum is used to make solar collectors, which can save energy. In terms of power transmission, aluminum consumption ranks first, dan 90% of high-voltage electrical conductors are made of aluminum. In the food industry, from warehouse storage tanks to cans.

RAYIWELL MFG LIMITED ialah pembekal gegelung kepingan aluminium & juga pengeluar bahan keluli dan aluminium lain seperti jalur Aluminium, gegelung aluminium, plat aluminium, plat kotak aluminium dan plat keluli karbon.

RAYIWELL MFG LIMITED also sell cold rolled steel coils, SPCC, Kepingan keluli tergalvani, SGCC, Gegelung keluli galvalume, Gegelung keluli Aluzink, gegelung keluli tergalvani yang telah dicat, PPGI dan kami boleh menjual keluli berorientasikan Non Grain atau CRNGO dan kepingan keluli tahan karat, gegelung keluli tahan karat. Kami bukan sahaja menjual bahan keluli tetapi juga menawarkan perkhidmatan penyumberan tersuai dari China.