🇿🇦Live Aluminium Price Per 1 Metric Ton Today in South Africa
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
ZAR 59,241.06
$3,651.75
Aluminum Futures
Market contract projection
ZAR 59,241.06
$3,651.75
Aluminum Ingot
Refined casting blocks
ZAR 59,241.06
$3,651.75
Per Kilogram (Kg)
Standard metric unit
ZAR 59.24
$3.65
Per Pound (lb)
Imperial unit
ZAR 26.87
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
ZAR 59.24
$3.65
Live Aluminium Price per undefined in South Africa
Welcome to the most detailed resource for live Aluminium prices in South Africa. Today, the price of Aluminium per undefined stands as an essential metric for the manufacturing sector across the region. Our platform provides instant market data sourced directly from global exchanges, ensuring you have the most accurate pricing in ZAR.
Industrial Aluminium Form Analysis & Applications
Aluminium is heavily used in automotive manufacturing across South Africa. As global infrastructure expands, the demand for lightweight aluminium is reaching new heights. Tracking the price of Aluminium per undefined enables manufacturers 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 South Africa
The recycling market for Aluminium in South Africa is incredibly efficient. Because recycling aluminium requires only 5% of the energy needed to produce primary aluminium from bauxite ore, the scrap value remains closely tied to the LME baseline. Whether you are trading machined chips, knowing the live rate per undefined in ZAR is essential for securing the best profit margins.
24-Hour Aluminium Market Trend in South Africa
In the last 24 hours, the Aluminium market in South Africa has shown notable activity. Investors and industrial buyers are closely watching the undefined price as it adjusts to global macroeconomic indicators. Short-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 price correction in ZAR.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans cautiously optimistic. The transition to sustainable infrastructure means structural demand is virtually guaranteed. Local fabricators in South Africa are stockpiling inventory to hedge against future price spikes. Furthermore, recycling facilities report strong processing volumes, 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 South Africa?
A:The latest price of Aluminium per undefined is undefined ZAR. This rate is refreshed continuously based on international market data.
Q:Why is Aluminium important in South Africa?
A:Aluminium is essential because of its high strength-to-weight ratio. It is the foundation for automotive parts.
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 highest prices, while mixed scrap 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 refined metal.
Q:Does the London Metal Exchange (LME) control the price in South Africa?
A:The LME acts as the global benchmark for Aluminium pricing. Local prices in South Africa are calculated using the LME base rate plus local premiums and converted into ZAR.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is heavily used in electric vehicles to reduce vehicle weight, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate every minute during market sessions on global exchanges. Our platform captures these changes in real-time.
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 South Africa?
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 ZAR for easier tracking.
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