A major aluminum recycling company says its aluminum recycling prices will go up for some customers, after an aluminum coating that is a common ingredient in aluminum coils has gone out of style.
The aluminum coating, which has been used in an array of items since the early 2000s, is one of the reasons aluminum coils have gone from a $1,500 to $6,500 price tag.
The coating was once so common that many of the companies that manufactured them actually sold aluminum coils with the coating.
But that’s no longer the case, as many other companies have decided to stop using the coating and replace it with other materials.
Aluminum recycling company Silverman is among those companies.
It says it will be replacing some of the aluminum coils it makes with aluminum oxide.
It’s currently working on the replacement for some aluminum coils in its recycling centers.
But the company’s chairman, Tom Smith, said that’s not all that will change.
“We’re not going to be going out of business,” Smith said in an interview with ABC News.
“We’ll continue to use aluminum oxide.”
Smith says it’s a “good business decision” for Silverman to stop manufacturing aluminum coils, but said it’s not a business decision for everyone else.
He says it could also impact the future of the world’s largest aluminum recycling center.
The American Association of Reclamation and Recycling Industries, which represents recycling companies, is urging manufacturers to switch to aluminum oxide instead.
It is a more environmentally friendly material.
The industry is already seeing some price increases in recent months, with the price of aluminum oxide up nearly 25 percent this year.
But the industry says the current market conditions aren’t favorable for it to see a large price increase, either.
The Aluminum Coating Association of America, the industry trade group, says that it will not be able to keep up with demand for its aluminum coating.
The association says it expects the industry to experience a drop in demand for aluminum alloy coils over the next five years.