Raw Material Aluminum Price Increased

The recent surge in aluminum prices has aroused market concern. According to data, the price of aluminum rose to a high of US$2615 per ton last week, and it has soared by 31% so far this year. The share prices of the world’s largest aluminum producers have also risen by double digits this year, such as the United States. The aluminum industry surged 68%, and the European Hydro Corporation also rose 47%. In fact, aluminum materials are inseparable from small beer cans to large aerospace fields. With the recovery of the global economy, the market's demand for aluminum is continuously increasing. Forecasts show that the annual demand growth of the aluminum industry this year may set a historical record. (CCTV Finance) 

Affected by the price increase of aluminum materials, the material prices of transmission and distribution lines have risen significantly. Among them, ACSR, AAC and other wires and some line fittings such as suspension clamptension clampPG clamppreformed dead endarmor rod and other aluminum products All have different degrees of price growth. It is recommended that you place an order as soon as possible to reduce losses. For inquiries, please contact: info@trigoldpower.com


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