NALCO Aluminium Ingot Price (IE07) in Faridabad

In the manufacturing, automotive and construction sectors, Aluminium ingots are commonly used by manufacturers. They provide the strength and versatility you need to meet industry demands. We supply these ingots in various grades and sizes. You might have various requirements for different projects. This can cater to your unique project requirements.

For businesses interested in procurement or the tendering process, Aluminium ingots present numerous opportunities. The tender market is filled with opportunities for Aluminium products, such as construction materials, automotive parts, electrical equipment, and more.

There are ongoing tenders in the railway sector for the supply of Aluminium ladders and impellers, as well as parts for railway maintenance that use Aluminium alloys. Several manufacturing projects also involve tenders for Aluminium base plates, impellers, and other custom products.

Aluminium is heavily used in construction projects, and projects often demand materials such as Aluminium beams, doors, and structural components.

If you are searching for reliable and high-quality Aluminium ingots, Nexizo is your go-to source for all these needs. We offer competitive Aluminium ingots price today and want to ensure that you get the best value for your investment.

What Are Aluminium Ingots?

Aluminium ingots are blocks of pure or alloyed Aluminium. They are used as raw materials in various industries. Using them can end your search for reliable raw materials for various projects.

These ingots are typically created through a smelting process. They serve as the base material for producing items such as Aluminium sheets, plates, extrusions, and castings.

Aluminium is quite useful for its lightweight properties, corrosion resistance, and high strength-to-weight ratio. It is one of the most commonly used metals in industries worldwide.

At Nexizo, we ensure that our Aluminium ingots meet stringent quality standards. These deliver reliable performance in all your industrial applications.

Applications of Aluminium Ingots

Aluminium ingots are crucial raw materials for industries. This is because of their high strength-to-weight ratio, thermal and electrical conductivity, and corrosion resistance. Some of the industries where they are commonly used are:

1. Automotive Industry

Aluminium’s lightweight properties make it ideal for the automotive sector. Aluminium ingots are often turned into auto parts like engine components, frames, and body panels. Reducing vehicle weight helps increase fuel efficiency and improve overall vehicle performance. This helps reduce emissions and enhances safety while contributing to better handling due to weight reduction. In engine components such as cylinder heads, pistons, radiators, and heat exchangers, Aluminium's high heat conductivity and wear resistance boost performance and efficiency.

2. Aerospace

In the aerospace industry, Aluminium is a vital material for constructing airplanes and spacecraft. Aluminium ingots are used to create various parts of aircraft, including fuselage panels, wings, and landing gear components. Its lightweight property, combined with high strength, ensures optimal performance. It also extends the service life by reducing corrosion-related maintenance. Inside the aircraft, Aluminium is used for components like seating structures and overhead bins, further lowering the aircraft's weight and improving fuel efficiency.

3. Construction

The construction industry uses Aluminium extensively due to its durability and flexibility. From windows and doors to roofing and structural frameworks, Aluminium ingots are processed into the materials that shape modern infrastructure. Its ability to resist corrosion and its aesthetic appeal further enhances its use in architectural projects.

4. Electrical Industry

Aluminium is an excellent conductor of electricity, making it a go-to material for electrical wiring and transmission lines. Aluminium ingots are transformed into cables, rods, and wires, powering grids and ensuring stable electricity distribution.

5. Consumer Goods

Aluminium ingots are used to create everyday products like kitchen utensils, packaging (such as Aluminium cans and foils), and even furniture. Its recyclability also makes it an environment friendly option in manufacturing.<br>

Aluminium Ingots Prices

While the price of Aluminium ingots fluctuates due to several factors, the Aluminium ingots price remains highly competitive. As one of the most sought-after metals in global markets, prices can vary based on supply chain dynamics, availability of raw materials, and global demand. That’s the reason when you search Aluminium ingot prices today, you might see different prices on different platforms.

At Nexizo, we strive to offer the best rates for Aluminium ingots by keeping a close watch on market trends and ensuring efficient supply chain management. Our Aluminium ingot price is updated frequently to reflect real-time market conditions, ensuring that you always receive the best deals.

Aluminium Ingots Historical Prices

In 2024, the pricing of Aluminium ingots in India has been influenced by rising energy costs, demand from key industries, and geopolitical tensions affecting the global supply chain. Aluminium ingot prices have stood at a range of approximately Rs 250-260 per kilogram for the IE07 grade with 99.7% purity, supplied by NALCO (National Aluminium Company Limited). However, prices can vary depending on regional market conditions and the specific types of Aluminium ingots being traded.

Aluminium Ingots Rates Today

The Aluminium ingot price today shows moderate month-on-month (MoM) stability, with minor fluctuations due to changing demand across industries. Aluminium remains a cost-effective choice for industries that require materials with a high strength-to-weight ratio.

Aluminium Ingots Price Forecast

Aluminium ingot prices are expected to fluctuate in the next few months. Any upcoming infrastructure projects and changes in environmental policies may drive demand. On the global stage, Aluminium ingot prices are also subject to the fluctuations of the London Metal Exchange (LME), where metals like Aluminium are traded.

Factors that Influence Aluminium Ingot Prices in India

Several key factors impact the Aluminium ingots prices:

• Raw material availability and energy costs: The price of bauxite (Aluminium ore) and energy costs significantly impact the cost of producing Aluminium ingots. Smelting Aluminium is an energy-intensive process. Rising electricity costs significantly affect Aluminium production costs, particularly in countries that rely on fossil fuels for energy.
• Global demand: As Aluminium is used in multiple industries worldwide, fluctuations in global demand can affect prices. With the growing emphasis on lightweight materials for electric vehicles (EVs), the demand for Aluminium has increased significantly, pushing prices up.
• Trade policies: Import and export duties, government policies, and international trade agreements influence the cost of raw materials and the final product. India’s export regulations and trade agreements with other countries can also affect domestic prices.

Choosing Nexizo for Aluminium Ingots Needs

As industries across the globe move toward more sustainable practices, Aluminium ingots, especially the recycled ones, are gaining traction. Recycled Aluminium, often referred to as "secondary Aluminium," requires up to 95% less energy to produce compared to primary Aluminium made from bauxite. 

This shift toward sustainability is expected to drive future demand for Aluminium ingots, especially as regulations around carbon emissions become stricter.

Aluminium's role in renewable energy sectors is expanding. Wind turbines, solar panel frames, and other components used in renewable energy infrastructure increasingly rely on Aluminium. This trend is expected to bolster demand for Aluminium ingots in the coming years.

By buying Aluminium ingots from Nexizo, you benefit from:

• Superior quality with 99.70% purity
• Availability across multiple regions
• Competitive pricing
• Flexible payment options, including credit facilities
• Sustainability, as Aluminium is highly recyclable and reduces environmental impact.

Contact us now to get Aluminium ingots at the best prices.