Aluminum prices are increasing rapidly before they were going in down fall but now sudden rise in its prices has been noticed. Aluminum is the second most copious metallic element present in the earth’s crust and it is being utilized a lot by mankind. There are plenty of industries which utilized aluminum while manufacturing different products. But now the use of this element is increasing and so the demand as well. And it is a rule in the international market when the demand increase the prices increase as well.
In the start of year 2008 the price was going $1.136 per pound but then it had rose to $1.426 per pound in July. It is said that the price again came back but if the usage increases then the aluminum prices will once increase again.