🇮🇷Live Aluminium Price Per 1 Aluminum Ingot Today in Iran
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
IRR 4,842,658,508
$3,651.75
Aluminum Futures
Market contract projection
IRR 4,842,658,508
$3,651.75
Aluminum Ingot
Refined casting blocks
IRR 4,842,658,508
$3,651.75
Per Kilogram (Kg)
Standard metric unit
IRR 4,842,592
$3.65
Per Pound (lb)
Imperial unit
IRR 2,196,585
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
IRR 4,842,592
$3.65
Live Aluminium Price per undefined in Iran
Welcome to the most accurate resource for up-to-the-minute Aluminium prices in Iran. Right now, the price of Aluminium per undefined stands as a critical indicator for the manufacturing sector across the region. Our platform provides live market data sourced straight from global exchanges, ensuring you have the most accurate pricing in IRR.
Industrial Aluminium Form Analysis & Applications
Aluminium is extensively used in packaging across Iran. As electric vehicle production grows, the demand for lightweight aluminium continues to surge. Tracking the Aluminium spot price per undefined enables investors to anticipate market shifts with high precision.
- Aluminium Extrusion: Profiles used in window frames, building facades, and structural supports. Highly valued in scrap markets.
- Aluminium Sheet & Coil: Used extensively in the packaging industry (cans, foil) and automotive body panels.
- Cast Aluminium: Utilized in engine blocks and heavy machinery components due to its excellent thermal conductivity.
- Billet & Ingot: The foundational blocks of raw aluminium used by foundries and manufacturers to create final products.
The Secondary Market: Aluminium Scrap in Iran
The recycling market for aluminium scrap in Iran is incredibly efficient. Since recycling aluminium saves 95% of the energy needed to produce primary aluminium from bauxite ore, the scrap value remains closely tied to the LME baseline. If you are dealing in machined chips, knowing the current conversion per undefined in IRR is essential for securing the best profit margins.
24-Hour Aluminium Market Trend in Iran
In the last 24 hours, the Aluminium market in Iran has shown notable activity. Investors and industrial buyers are monitoring the undefined price as it adjusts to energy cost shifts. Near-term projections suggest that if industrial demand remain steady, the baseline LME price could see further consolidation. Conversely, any unexpected supply surpluses might trigger a cooling off period in IRR.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans heavily bullish. The transition to sustainable infrastructure means long-term usage is virtually locked in. Local fabricators in Iran are stockpiling inventory to hedge against future price spikes. Furthermore, scrap dealers report strong processing volumes, indicating a robust circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the current price of Aluminium per undefined in Iran?
A:The latest price of Aluminium per undefined is undefined IRR. This price is refreshed continuously based on global commodity exchanges.
Q:Why is Aluminium important in Iran?
A:Aluminium is essential because of its lightweight properties. It is the foundation for construction facades.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a percentage to the spot market. Bare aluminium wire fetches the best prices, while mixed scrap commands slightly lower rates.
Q:What is the difference between Aluminium Ingot and Alumina?
A:Bauxite is the raw material mined from the earth. It is refined into aluminium oxide, which is then electrolyzed to produce primary aluminium. The price per undefined we track is for the finished ingot.
Q:Does the London Metal Exchange (LME) control the price in Iran?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Iran are calculated using the LME base rate plus import duties and converted into IRR.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in electric vehicles to offset the weight of heavy batteries, thereby improving efficiency.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate constantly during market sessions on commodities markets. Our platform syncs these changes in real-time.
Q:What factors affect the Aluminium price per undefined?
A:Key factors include electricity prices (since smelting is energy-intensive), manufacturing output in countries like China, and mining output of Bauxite.
Q:Can I invest in Aluminium in Iran?
A:Yes, investors can trade Aluminium through commodity ETFs. Physical trading usually involves scrap recycling rather than retail bullion.
Q:Why is Aluminium pricing usually quoted in Metric Tons?
A:Due to its industrial nature, the institutional baseline is the Metric Ton. However, we provide conversions to undefined and IRR for easier tracking.
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