Price of 3104 Aluminum Coil Remains Stable with Strong Demand

3104 aluminum coil is a popular choice for can stock and lid stock due to its excellent corrosion resistance and workability. The demand for 3104 aluminum coil has steadily increased with the growing consumption of cans for beverage and aerosol products. However, sufficient primary aluminum supply and development of recycling have kept the price of 3104 aluminum coil largely stable.

3104 aluminum belongs to the 3xxx series Al-Mn alloys with up to 1.0% Mn. It is a non-heat treatable alloy that offers moderate strength and hardness. The main properties of 3104 aluminum include:

•High corrosion resistance: 3104 aluminum coil has strong resistance to atmospheric weathering and common industrial chemicals. This enables products like cans to have a long shelf life and protects contents from oxidization.

•Excellent workability: 3104 aluminum coil can be readily extruded, rolled and formed into can stock and lids. It has good ductility that facilitates various fabrication processes.

•Light weight: 3104 aluminum coil is much lighter than steel. Cans and lids made from 3104 aluminum help reduce the overall weight of products and lower transportation costs. 

•Sustainability: 3104 aluminum coil can be recycled repeatedly without degradation in properties. The aluminum industry has a high recycling rate, and recycled 3104 coil has unparalleled economic and environmental benefits.

Although demand for 3104 aluminum coil has risen over the years with increasing consumption of cans and aerosol products, the price has remained largely stable. This is due to sufficient supply of primary aluminum and the well-developed recycling loop. Improvements in production technology and efficiency have also offset cost pressures. Overall, 3104 aluminum coil is poised for strong demand growth due to its inherent advantages for can making and sustainability. But its price stability gives can makers and fillers an advantage in controlling costs. 3104 aluminum creates lightweight, long-lasting and environment-friendly solutions for packaging.

The key factors that influence the price of 3104 aluminum coil are the supply of primary aluminum, the state of recycling, production costs and end-use demand. Sustainable progress across these fronts will be crucial to the long term stability and competitiveness of 3104 aluminum in key application areas.