Aluminum Ingot Price Set Record High

Aluminum Ingot Price Set Record High

As demand surges, Chinese factories are confronting soaring raw material prices. Aluminum ingot price increased more than 30% compared with beginning of this year, and more than 40% compared with same period last year. Steel also set record high with China’s ongoing work resumption.
As a result, prices of aluminum construction formworks such as aluminum panel formwork system, flying table truss formwork, aluminum H beam are driven higher.

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