#Industry News
WHAT DOES THE "LME PRICE" OF ALUMINIUM MEAN ...
... and what influencing factors besides the LME price determine the cost of aluminium extrusions?
The London Metal Exchange (LME) is one of the world's oldest and largest metal trading centres, setting daily reference prices for metals such as aluminium. The LME price influences the cost of aluminium extrusions, but other factors such as exchange rates, billet premiums, energy costs and competition also play a role. Profile size, surface treatment, order quantity and transport costs also influence the final cost. Overall, the LME price is an important but not the only factor that determines the cost of extruded profiles
In summary, it can be said that the LME price for aluminium as a raw material price is an important factor in determining the cost of extruded profiles.
The actual price can deviate significantly from this for the reasons mentioned above.