It may not appear that way but the global/world trade in aluminium affects GRS Sign Company Ltd. directly. How so? We use aluminium composite and 11g aluminium blanks in our work. In fact another way the aluminium trade affects us is with aluminium dioxide as a white pigment, which can directly affect all of the vinyls we use (which is a significant amount) as well as the white paint sprayed on slatz and other materials we consume on a daily basis.
So what are the advantages? It’s cheaper, that has to be the main selling point (excuse the pun).
Getting over that rather large elephant in the room (price), we do have to look at the disadvantages. Well they are unfortunately, many:
- Many britons are, or would be, put out of a job as a direct result of cheaper aluminium from China (which is where the majority of it comes from).
- China is stronger and Britain is weaker, because of the global trade
imbalance. - There is a moral issue at play – the chinese workers don’t get paid an equal amount to workers elsewhere in the world, say, Australia, Canada, or Russia (which are the other large aluminium producing nations).
Should we pay for a lower-priced product knowing these disadvantages, to make more of a profit? Or should we go for a higher profit, believing in the rhetoric the World Trade Organisation would like us to believe?
Tricky issue isn’t it?
Interestingly, recent figures suggest daily production of primary aluminium stands at 104,200 tonnes. Yes, that’s daily – the world uses a lot of aluminium.
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