What are the factors that affect the price of aluminum strips?

The price of aluminum strips is influenced by several factors, including the global supply and demand dynamics, the price of aluminum on the commodities market, production costs, transportation expenses, tariffs and trade policies, market competition, and economic conditions. Additionally, the quality and specifications of the aluminum strips, such as purity and thickness, can also affect pricing. Fluctuations in energy costs, especially for electricity used in the smelting process, can impact production costs and, consequently, the price of aluminum strips. Lastly, geopolitical events and environmental regulations can also have an indirect effect on the availability and cost of aluminum, thus influencing strip prices.