As of March 3, 2020, the price of aluminum ingots is 11,000 to 15,000 yuan.

The factors that affect the price of aluminum ingots are:

1. The impact of electricity prices

The electrolytic aluminum industry is also known as the "electric tiger" industry. At present, domestic and foreign aluminum factories The average power consumption per ton of aluminum is controlled below 15,000 kwh/t. The experience of aluminum ingot production in Western countries shows that when the electricity cost exceeds 30% of the aluminum production cost, it is considered dangerous production.

2. Influence of the economic situation

Aluminum has become an important non-ferrous metal species. Especially in developed countries or regions, aluminum consumption has been highly related to economic development. When a country or region's economy develops rapidly, aluminum consumption will also increase simultaneously. Similarly, an economic recession will lead to a decline in aluminum consumption in some industries, which will in turn lead to fluctuations in aluminum prices.

Extended information:

Uses of aluminum ingots:

1. Aviation (load-bearing components of aircraft, landing gear), rockets, propellers, aviation spacecraft . 7005 extruded material is used to manufacture welded structures that require both high strength and high fracture toughness, such as trusses, rods, and containers for transportation vehicles; large heat exchangers, and those that cannot be solution treated after welding.

2. It can also be used to manufacture sports equipment such as tennis rackets and softball bats 7039 Freezing containers, cryogenic equipment and storage boxes, fire-fighting pressure equipment, military equipment, armor plates, devices 7049 Used for forging static Parts that have the same strength as 7079-T6 alloy but require high resistance to stress corrosion cracking.