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We take a look back at aluminum in 2022!!

Автор: Sahd Metal Recycling

Загружено: 2022-12-13

Просмотров: 552

Описание: So while steel and copper had a similar trajectory of a early year peak, mid-year peak and then back down below the beginning of the year. Aluminum and nickel took a different tact. They both basically are in the same spot they were at the beginning of the year, with a huge spike mid-March. So aluminum started the year around $2,600 It's now around $2,500 a ton. For perspective right around a $1.12, $1.13 (Per pound). So the impacts there were the Ukraine war which lasted so much longer and not just that the impact of Russia and how they are with aluminum and the uncertainty around sanctions. That was a big player in aluminum that really hit aluminum and somewhat nickel much more than the other metals in the complex. So that was a big factor that the other metals didn't have. So, what we saw as I said was the aluminum starting at $2,600 kind of ending at $2,500 but a huge spike up in March.

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We take a look back at aluminum in 2022!!

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