The last decade of economic turmoil has very actively shifted investor’s focus on to metal industry through equities, ETFs & other investment tools.
The stark contrast between supply & demand figures, & a steady growth in consumer & Industrial demand for popular metals especially Aluminum has established a common fact that Investing in Aluminum Industry is surely a safe bet for seasoned traders, long-term & retail investors alike. Aluminum, although, once known as a Nobel metal, is now a major economy driver simply because of its unique properties.
The lightweight metal is the first choice for Auto & Aeronautic manufacturers. In comparison to steel, aluminum components may reduce the automobile weight by more than 50% & still adhering to the Industry accepted crash standards. It’s non-toxic & non corrosive properties has led to extensive use of Aluminum in the Packaging Industry for producing tins, cans & foils or wherever the contact with food is required.
Furthermore, due to its superb conduction properties, Aluminum is a primary raw material for the Energy Transmission sector, which makes aluminum an important commodity. Although, Being one of the most abundant elements on the planet, the hurdle is that Aluminum is not available in free-state, rather in an ore comprising of more than 250 minerals, primarily bauxite & Generally 4 tons of bauxite produces 1 ton of aluminum.
Even a casual study into the current scenario of Aluminum mining, production & usage figures reveals a good positive future outlook for investing in Aluminum Industry. The most prominent price booster for the Aluminum is transportation or Auto Sector in general. USA along with emerging economies like China & India are the major demand markets.