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Aluminium may not be a great commodity mcx tips to trade . There is unlimited bauxite , and smelting capacity is in excess and , as power efficiency improves , potentially , unlimited amounts of aluminium can be produced to meet any amount of demand . So that leaves aluminium vulnerable to drops in demand .
Aluminium is not a hot favourite for trading with retail investors . That is confirmed by the lack of interest of ETFs in aluminium .
Aluminium is the third most abundant element in the earth's crust and constitutes over 7% by mass . The full process of manufacturing new stocks of aluminium is responsible for 1% of the world's greenhouse gas emissions .
In terms of cost, aluminium smelters that run on natural gas, as is the case in Dubai and some other countries, have a cost advantage . Aluminium smelters that run on any other fuel, like they do in india or china, are inefficient .
Aluminium has been in commercial use for just over a century . It weighs about one-third as much as steel or copper . It is malleable, ductile, and easily machined and cast and has excellent corrosion resistance and durability .
Measured either in quantity or value, aluminium' s use exceeds that of any other metal, expect iron . it is used in transportation,packaging, construction, consumer durables, electrical transmission lines, machinery, and many other application .
Composites can substitute for aluminium in aircraft fuse-lages and wings . glass, paper, plastic, and steel can substitute for aluminium in packaging . magnesium, titanium, and steel can substitute for aluminium in ground transporation and structural uses . Composites, steel, vinyl, and wood can substitute for aluminium in construction . Copper can replace aluminium in electrical applications .
www.commoditytipsfreetrial.com
Aluminium is not a hot favourite for trading with retail investors . That is confirmed by the lack of interest of ETFs in aluminium .
Aluminium is the third most abundant element in the earth's crust and constitutes over 7% by mass . The full process of manufacturing new stocks of aluminium is responsible for 1% of the world's greenhouse gas emissions .
In terms of cost, aluminium smelters that run on natural gas, as is the case in Dubai and some other countries, have a cost advantage . Aluminium smelters that run on any other fuel, like they do in india or china, are inefficient .
Aluminium has been in commercial use for just over a century . It weighs about one-third as much as steel or copper . It is malleable, ductile, and easily machined and cast and has excellent corrosion resistance and durability .
Measured either in quantity or value, aluminium' s use exceeds that of any other metal, expect iron . it is used in transportation,packaging, construction, consumer durables, electrical transmission lines, machinery, and many other application .
Composites can substitute for aluminium in aircraft fuse-lages and wings . glass, paper, plastic, and steel can substitute for aluminium in packaging . magnesium, titanium, and steel can substitute for aluminium in ground transporation and structural uses . Composites, steel, vinyl, and wood can substitute for aluminium in construction . Copper can replace aluminium in electrical applications .
www.commoditytipsfreetrial.com