Aluminium Slug Prices, Trends & Forecasts | Provided By Procurement Resource

Aluminium slug is a cylindrical piece of aluminium that is used as a starting material in the manufacture of a variety of aluminium products such as cans, aerosol cans, vehicle parts, and other industrial components.

It is typically made by pouring molten aluminium into a cylinder mould, which is subsequently cooled and removed. The resulting aluminium slug is then shaped into the desired product using a variety of techniques such as extrusion, forging, or stamping.

They are resistant to corrosion, and have the ability to be easily moulded and processed into a variety of forms and sizes. It has a density of around 2.7 g/cm3. The melting point of aluminium slug varies depending on the alloy; however, it is typically between 600°C and 660°C (1112°F and 1220 °F).

It is an excellent choice for heat transfer applications due to its high thermal conductivity. It is also an excellent electrical conductor.

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It is highly corrosion resistant because of the formation of a protective oxide layer on its surface. It is a favoured material for lightweight structural applications due to its high strength-to-weight ratio.

The top countries in the production of aluminium slug globally are Guinea, Australia, Indonesia, Brazil, and China.

Key Details About the Aluminium Slug Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Aluminium Slug price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Aluminium Slug Price chart, including India Aluminium Slug price, USA Aluminium Slug price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Aluminium Slug Price Trend:

Aluminium slug is a crucial raw material used in the production of aluminium cans, which are widely used in beverage and food packaging.

It is used to make a range of vehicle parts, including engine blocks, wheels, and suspension components, due to its exceptional strength-to-weight ratio.

It is also used in the aerospace industry, where it is used to create parts such as aircraft fuselages, wings, and structural frames.

It is used in the electrical sector to create conductors, bus bars, and transformer windings due to its strong electrical conductivity.

It is used to make heat exchangers, which are widely used in the refrigeration and air conditioning industries.

It is used to make a variety of industrial components such as hydraulic and pneumatic cylinders, machine parts, and fasteners.

It can also be used for ornamental applications such as furniture, lighting fixtures, and architectural cladding due to its light weight, durability, and aesthetic appeal.

Key Players:

• Ball Corporation
• Aluminium Rheinfelden GmbH
• Fuchuan Metal, Jindal Aluminium Limited
• Fried. v. Neuman GmbH
• Shanghai Nansen Industry Co., Ltd.
• Aluminium-Werke Wutöschingen AG & Co. KG

News and Development:

• March 10,2023: Speira, a German metal processing business, has chosen to shut down its aluminium smelting activities at its Rheinwerk plant due to rising energy prices.

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