🇳🇦Live Aluminium Price Per 1 Pound Today in Namibia
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
NAD 59,240.92
$3,651.75
Aluminum Futures
Market contract projection
NAD 59,240.92
$3,651.75
Aluminum Ingot
Refined casting blocks
NAD 59,240.92
$3,651.75
Per Kilogram (Kg)
Standard metric unit
NAD 59.24
$3.65
Per Pound (lb)
Imperial unit
NAD 26.87
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
NAD 59.24
$3.65
Live Aluminium Price per undefined in Namibia
Welcome to the most comprehensive resource for live Aluminium prices in Namibia. At this very moment, the price of Aluminium per undefined stands as an essential metric for the manufacturing sector across the region. Our platform delivers instant updates sourced directly from the London Metal Exchange (LME), ensuring you have the most accurate pricing in NAD.
Industrial Aluminium Form Analysis & Applications
Aluminium is heavily used in packaging across Namibia. As global infrastructure accelerates, the appetite for lightweight aluminium continues to surge. Monitoring the price of Aluminium per undefined allows manufacturers to predict 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 Namibia
The recycling market for Aluminium in Namibia is incredibly efficient. Because recycling aluminium saves 95% of the energy needed to smelt new aluminium, the scrap value remains closely tied to the spot price. Whether you are trading extrusion scrap, knowing the live rate per undefined in NAD is vital for securing the best profit margins.
24-Hour Aluminium Market Trend in Namibia
In the last 24 hours, the Aluminium market in Namibia has shown significant movement. Investors and industrial buyers are closely watching the undefined price as it adjusts to global macroeconomic indicators. Near-term projections suggest that if EV manufacturing orders remain steady, the baseline LME price could see further consolidation. Conversely, any drops in manufacturing output might trigger a price correction in NAD.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans cautiously optimistic. The transition to sustainable infrastructure means structural demand is virtually locked in. Local extruders in Namibia are stockpiling inventory to hedge against future volatility. Furthermore, recycling facilities report high turnover rates, indicating a healthy circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the current price of Aluminium per undefined in Namibia?
A:The current price of Aluminium per undefined is undefined NAD. This rate is refreshed continuously based on international market data.
Q:Why is Aluminium important in Namibia?
A:Aluminium is essential because of its high strength-to-weight ratio. It is the foundation for aerospace engineering.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a discount to the spot market. Clean extrusion fetches the best prices, while painted aluminium commands slightly lower rates.
Q:What is the difference between Aluminium Ingot and Bauxite?
A:Bauxite is the raw material mined from the earth. It is refined into Alumina, which is then electrolyzed to produce pure Aluminium Ingots. The price per undefined we track is for the finished ingot.
Q:Does the London Metal Exchange (LME) control the price in Namibia?
A:The LME acts as the global benchmark for Aluminium pricing. Local prices in Namibia are calculated using the LME base rate plus local premiums and converted into NAD.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is heavily used in electric vehicles to reduce vehicle weight, thereby improving efficiency.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate every minute during market sessions on global exchanges. Our platform syncs these changes instantly.
Q:What factors affect the Aluminium price per undefined?
A:Key factors include global energy costs (since smelting is energy-intensive), manufacturing output in countries like China, and supply chain disruptions of Bauxite.
Q:Can I invest in Aluminium in Namibia?
A:Yes, investors can trade Aluminium through futures contracts. 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 global standard is the Metric Ton. However, we provide conversions to undefined and NAD for easier tracking.
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