This category will be useful for manufacturers of electronics and related products. The platform provides an opportunity to get acquainted with the suppliers of indium ingots that offer their products. Indium belongs to the group of light metals. It is a malleable, fusible, and very soft metal of silver-white colour. Indium is obtained using waste and by-products of zinc, lead, and tin production.
In 2017, the global production of indium was 720 tons including China (310 tons,) South Korea (215 tons), Canada and Japan (70 tons each) as well as Belgium and France (20 tons each).
In 2005, the indium ingots price reached a level above $ 1,000 per kg before the World financial crisis put pressure on prices by about 80%. Currently, the platform suppliers offer an average price of $ 200 - 500 per kg of indium ingots providing with 1 kg as the minimum order and fast delivery. Indium is supplied in ingots weighing 0.5 - 1 kg each. The ingot form is convenient for shipment and the further indium use for the various devices production. Also, ingot-shaped metal delivery provides its 99.995% - 99.99% high purity.
The demand for indium ingots has increased during the last two decades due to the consumption increase of metal in the electronics industry. The basic indium form used in the manufacturing industry is indium tin oxide. The main indium end use is the production of liquid crystal screens for flat-panel items. It consumes the major part of the total indium produced. Besides, indium ingots are used in LED lighting, quantum dots and world deployment of 5G. Indium is applied in solder, fusions, electric components as well as quasi-conductors.
