May 17, 2016 Uncategorized No Comments

The price of aluminum, the metal with the second largest after the use of steel in recent years squeezed as the market faces oversupply problems and soaring stocks.
As a result, the industry and the aluminum resold is greatly reduced compared to the end of December 2015, a decrease of 40% on turnover.
The main reason is the reduction of -the household disposable income to replace their old aluminum production companies frames .The statistics showed us that 5% is replacement of old frames with aluminum and 10-15% is made by PVC.
These conditions affect both the domestic market and both the international market.
Specifically Joined the beginning of the month the price had reached $ 1649, yesterday closed at $ 1,555 with toggle rates of 0.81% by writing a small increase 33 points. Therefore these conditions increase the risk for major investors turnovers.
16.5.16The diagram shows the significant decrease between March and April, and a sharp decline for the month of May.
As the assessment points provide us for this period is that there will be a stability which will aim to increase the primary-cast aluminum.

Αuthor Vichos Theodor

Recycling Metal Vichos | FORECAST aluminum
Written by Theodoros Vichos