WebFeb 2, 2024 · In 2024, the average market spot price of an aluminum ingot was an estimated 1.50 U.S. dollars per pound. Throughout the indicated period, this was by far the highest … WebFeb 7, 2024 · To be more specific, here’s a sample computation: For a 25% spot price, you will have to multiply 78 by .25 (78 x .25). The equivalent is 19.5, which means the price of a pound of an aluminum can is valued at about 20 cents. The same formula is used when you compute if the percentage is at 35 or 50 percent.
Aluminium PRICE Today Aluminium Spot Price Chart
WebPROCEDURE:Discuss the advantages of recycling aluminum, and have the students complete the problems on the following page. Answers: 1. 24 cans/lb x 15,000 lb/trailer = 360,000 cans/trailer 2. per can or per pound. For example, if price is 60 cents per pound: $0.60/lb x 15,000 lb = $9,000 3. 15,000 lbs/trailer / 30 lbs/collector WebDec 10, 2024 · At the time, a pound of aluminum was worth $16 ($419 in today's dollars). Two years later, a commercially viable method for extracting aluminum from ore was … boneman shirt
How Much is Aluminum Per Pound? - Scr…
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