Furthermore, the price of aluminum at the time of purchasing the finished product may not reflect the price of aluminum at the time of its procurement to manufacture that product. To convert the posted LME price into a price per pound, divide by 2,204.6. To this price a Midwest Premium is generally added as a universal surcharge to all North American purchases. Such charges are determined by current market conditions. Nonstandard alloys carry additional upcharges.
Recycling is important for many reasons.
Historically, aluminum has proven to be one of the most important materials in successful recycling programs. Aluminum offers high scrap value, widespread consumer acceptance, and aluminum recycling enjoys significant industry support. All forms of aluminum can be recycled, from aluminum foil to automobile hoods and, of course, aluminum extrusions. Storm doors, window frames, and aluminum ladders are among the more common household extrusions that can be recycled, but large items such as rail cars and trailers can yield an especially impressive financial return when harvested for scrap. The following publications are just a few of many available on the subject of aluminum, its characteristics, pricing, and recyclability.