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Bank of America: Aluminum prices will climb to $3000 by 2025, with supply growth significantly slowing down
Recently, Bank of America (BOFA) released its in-depth analysis and future outlook on the global aluminum market. The report predicts that by 2025, the average price of aluminum is expected to reach $3000 per ton (or $1.36 per pound), which not only reflects the market’s optimistic expectat...Read more -
Aluminum Corporation of China: Seeking Balance amidst High Fluctuations in Aluminum Prices in the Second Half of the Year
Recently, Ge Xiaolei, the Chief Financial Officer and Secretary of the Board of Directors of Aluminum Corporation of China, conducted an in-depth analysis and outlook on the global economy and aluminum market trends in the second half of the year. He pointed out that from multiple dimensions such...Read more -
In the first half of 2024, the global primary aluminum production increased by 3.9% year on year
According to date from the International Aluminum Association, global primary aluminum production increased by 3.9% year on year in the first half of 2024 and reached 35.84 million tons. Mainly driven by increased production in China. China’s aluminum production increased by 7% year on year...Read more -
All of them are aluminum alloy wheels, why is there such a big difference?
There is a saying in the automotive modification industry that goes, ‘It’s better to be ten pounds lighter on the spring than one pound lighter off the spring.’ Due to the fact that the weight off the spring is related to the response speed of the wheel, upgrading the wheel hub ...Read more -
Introduction of Aluminum Alloy Surface Treatment
In the era of appearance economy, exquisite products are often recognized by more people, and the so-called texture is obtained through vision and touch. For this feeling, surface treatment is a very critical factor. For example, the shell of a laptop computer is made of...Read more -
What are the uses of aluminum alloy in the field of aircraft manufacturing
Aluminum alloy has the characteristics of light weight, high strength, corrosion resistance, and easy processing, and has a wide range of applications in various industries, such as decoration, electronic appliances, mobile phone accessories, computer accessories, mechanical equipment, aerospace,...Read more -
Canada will impose a 100% surcharge on all electric vehicles produced in China and a 25% surcharge on steel and aluminum
Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, announced a series of measures to level the playing field for Canadian workers and make Canada’s electric vehicle (EV) industry and steel and aluminum producers competitive in domestic, North American, and global mar...Read more -
Aluminum prices were boosted by tight supplies of raw materials and expectations of a Fed rate cut
Recently, the aluminum market has shown a strong upward momentum, LME aluminium recorded its biggest weekly gain this week since mid-April. The Shanghai Metal Exchange of aluminum alloy also ushered in a sharp rise, he rally mainly benefited from tight raw material supplies and market expectation...Read more -
Basic knowledge of aluminum alloy
There are two main types of aluminum alloys used in industry, namely deformed aluminum alloys and cast aluminum alloys. Different grades of deformed aluminum alloys have different compositions, heat treatment processes, and corresponding processing forms, therefore th...Read more -
Let’s learn about the properties and uses of aluminum together
1. The density of aluminum is very small, only 2.7g/cm. Although it is relatively soft, it can be made into various aluminum alloys, such as hard aluminum, ultra hard aluminum, rust proof aluminum, cast aluminum, etc. These aluminum alloys are widely used in manufacturing industries such as aircr...Read more -
What are the differences between 7075 and 6061 aluminum alloy?
We are going to talk about two common aluminum alloy materials —— 7075 and 6061. These two aluminum alloys have been widely used in aviation, automobile, machinery and other fields, but their performance, characteristics and applied range are vastly different. Then, what...Read more -
Introduction to the Classification and Application Fields of 7 Series Aluminum Materials
According to the different metal elements contained in aluminum, aluminum can be divided into 9 series. Below, we will introduce the7 series aluminum: Characteristics of 7 series aluminum materials: Mainly zinc, but sometimes a small amount of magnesium and copper are also added. Among them...Read more