Aluminum Prices
Aluminum prices refer to the cost of aluminum metal in the market, which can fluctuate based on various factors. These factors include supply and demand dynamics, production costs, and global economic conditions. Prices are often quoted per metric ton and can be influenced by major producers like China and Russia.
The pricing of aluminum is also affected by the availability of raw materials, such as bauxite, which is the primary ore used to produce aluminum. Additionally, changes in trade policies and tariffs can impact aluminum prices, making them a key indicator in the global commodities market.