A spokesman for Alcoa said that the price of these high-performance alloys will be raised mainly due to strong demand from the aerospace industry. Alcoa said on Thursday night that it will raise some aluminum coil and aluminum sheet products from March 1st, with an increase of 5%.
The aluminum giant this week announced to its global aerospace, transportation and industrial users that new orders accepted since March 1 will be implemented at new prices.
The following product prices will be raised: 2XXX (2024), 7XXX (7075) aluminum coil and aluminum plate;
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