🇸🇾Live Aluminium Price Per 1 Scrap Aluminum LB Today in Syria
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
SYP 412,721
$3,651.75
Aluminum Futures
Market contract projection
SYP 412,721
$3,651.75
Aluminum Ingot
Refined casting blocks
SYP 412,721
$3,651.75
Per Kilogram (Kg)
Standard metric unit
SYP 413
$3.65
Per Pound (lb)
Imperial unit
SYP 187
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
SYP 413
$3.65
Live Aluminium Price per undefined in Syria
Welcome to the most comprehensive portal for real-time Aluminium prices in Syria. Today, the price of Aluminium per undefined stands as a critical indicator for the automotive industry across the region. This dashboard provides instant updates sourced directly from global exchanges, ensuring you have the most reliable pricing in SYP.
Industrial Aluminium Form Analysis & Applications
Aluminium is heavily used in packaging across Syria. As green energy projects expands, the demand for corrosion-resistant aluminium remains exceptionally strong. Tracking the price of Aluminium per undefined allows manufacturers to anticipate material costs accurately.
- 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 Syria
The recycling market for Aluminium in Syria is extremely active. Because recycling aluminium requires only 5% of the energy needed to produce primary aluminium from bauxite ore, the recycling rate remains tightly correlated to the LME baseline. Whether you are trading aluminium cans, knowing the live rate per undefined in SYP is essential for maximizing returns.
24-Hour Aluminium Market Trend in Syria
In the last 24 hours, the Aluminium market in Syria has shown notable activity. Investors and industrial buyers are closely watching the undefined price as it adjusts to supply chain announcements. Short-term projections suggest that if industrial demand remain strong, the baseline LME price could see upward pressure. Conversely, any unexpected supply surpluses might trigger a price correction in SYP.
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 Syria are securing inventory to protect from future price spikes. 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 Syria?
A:The latest price of Aluminium per undefined is undefined SYP. This rate is refreshed continuously based on international market data.
Q:Why is Aluminium important in Syria?
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 highest prices, while mixed scrap commands slightly discounted 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 Syria?
A:The LME acts as the global benchmark for Aluminium pricing. Local prices in Syria are calculated using the LME base rate plus shipping costs and converted into SYP.
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 Syria?
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 SYP for easier tracking.
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