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LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation. [1]
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Corrections are made by the architect and engineer, and the shop drawing is corrected by the supplier, then the appropriate number of copies is distributed. This method can be time consuming, as the shop drawing is not approved until the corrections are made on it. [4]
Aluminium (or aluminum in North American English) is a chemical element; it has symbol Al and atomic number 13. Aluminium has a density lower than that of other common metals, about one-third that of steel. It has a great affinity towards oxygen, forming a protective layer of oxide on the surface when exposed to air.
A delivery contract for 186,000 tons of primary aluminum from Canada in the years 1953-1958 was announced on May 25, 1953. A similar contract with Alcoa called for 600,000 tons in the same period. Almost all was to be provided by Alcan, who was expecting to start production at Kitimat in the summer of 1954. [48]
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Older solid aluminum wire also had some problems with a property called creep, which results in the wire permanently deforming or relaxing over time under load. Aluminum wire used before the mid-1970s had a somewhat higher rate of creep, but a more significant issue was that the same high price of copper driving the use of aluminum wire led to ...