Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on December of 2025.

Learn about the factors affecting aluminum prices, including supply and demand, geopolitical events, government policies, currency exchange rates, and production costs. Stay updated with the current aluminum prices and discover why the demand for this lightweight and corrosion-resistant metal is expected to remain strong in the long term.

In 2024, the average market spot price of an aluminum ingot was estimated at *** U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts. Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of ******* metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of ** million metric tons in 2023.  Price comparison with other base metals The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at ** U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.

Discover what drives the fluctuating prices of aluminium in the global market and the critical factors that impact its supply and demand, production costs, and geopolitical events in this insightful article. Stay informed and make informed investment decisions!

View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.

In 2024, the average price for aluminum stood at 2,419 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

The global aluminium market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the immediate term.

In the Q4 of 2023, the price of the aluminium alloy in USA reached 3657 USD/MT by December. Similarly, in Germany, the aluminium alloy prices hit 3173 USD/MT in the same month.

Explore IMARC’s newly published report, titled “Aluminium Alloy Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium alloy pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

China Settlement Price: Shanghai Future Exchange: Aluminum: 1st M data was reported at 21,635.000 RMB/Ton in Nov 2025. This records an increase from the previous number of 20,850.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Aluminum: 1st M data is updated monthly, averaging 15,280.000 RMB/Ton from Aug 1999 (Median) to Nov 2025, with 315 observations. The data reached an all-time high of 23,665.000 RMB/Ton in Oct 2021 and a record low of 10,240.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Aluminum: 1st M data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

Explore the factors influencing aluminum prices per kilogram, including market demand, production costs, and global economic conditions. Understand how electric vehicle production, aerospace manufacturing, energy costs, exchange rates, and geopolitical factors affect aluminum pricing. Learn how stakeholders track price movements through commodity exchanges and specialized reports to make informed decisions.

The global aluminum market had a value of nearly 223 billion U.S. dollars in 2024. The aluminum market is forecast to have a value in excess of 300 billion U.S. dollars in 2030.

According to Cognitive Market Research, the global Aluminium Scrap market size is USD 8152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 3260.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2445.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1875.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 407.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 163.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Aluminium held the highest Aluminium Scrap market revenue share in 2024.

Market Dynamics of Aluminium Scrap Market

Key Drivers of Aluminium Scrap Market

Rising Primary Aluminium Prices to Increase the Demand Globally

The price fluctuation of raw aluminum greatly impacts the demand for aluminum scrap. The demand for aluminum scrap increases because companies look for more affordable options when basic aluminum prices rise. This change happens because it becomes more cost-effective to employ scrap aluminum in manufacturing operations rather than paying more for primary aluminum. As a result, industries are increasingly using aluminum waste as a replacement material to save costs without sacrificing production efficiency. As a result, changes in primary aluminum pricing significantly impact market dynamics, with increased prices frequently resulting in an increase in the demand for aluminum scrap across various industrial sectors.

Growing Demand for Aluminum to Propel Market Growth

The need for aluminum scrap is rising due to the growing demand for aluminum in various industries, including packaging, construction, and transportation. The need for scrap aluminum increases with industries' continued reliance on aluminum due to its lightweight, strong, and recyclable qualities to meet production demands. Since aluminum is a necessary component of many manufacturing processes, there is a direct relationship between the demand for aluminum goods and the demand for aluminum scrap. This pattern emphasizes how crucial aluminum scrap is to maintaining production cycles and satisfying the growing need for aluminum across various industrial applications.

Restraint Factors of Aluminium Scrap Market

Strict Quality Requirements to Limit the Sales

Strict quality standards present a major obstacle in the market for aluminum scrap. Every application has unique requirements for quality, and not meeting these requirements can lead to rejection and financial losses for processors and collectors alike. Proper sorting and minimal contamination are essential to guarantee that scrap satisfies the requirements for usage in manufacturing processes. It is imperative to allocate resources toward sophisticated sorting technology and enforce stringent quality control methods to minimize the likelihood of rejection and preserve the integrity of the aluminum scrap supply chain. Strict adherence to quality standards protects against monetary losses and builds industry confidence and dependability, ensuring aluminum scrap's continued viability as a valuable resource.

Ultimately, as the industry seeks equilibrium between scientific innovation and practical utility, the challenge posed by limited stability becomes a catalyst for refinement, prompting the Aluminium Scrap market to navigate the delicate balance between the inherent characteristics of these compounds and the demands of robust sales and accessibility.

Impact of COVID-19 on the Aluminium Scrap Market

The COVID-19 outbreak has significantly impacted the market for aluminum scrap. Global supply chain disruptions, a decline in production, and varying demand have presented the sector with formidable obstacles. Movement restrictions and lockdown measures made collecting and processing scrap more difficult, affecting the supply of raw mate...

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Aluminum Index: The Future of TR/CC CRB?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Explore the dynamics of the global aluminium market, influenced by energy costs, geopolitical tensions, and environmental regulations. Understand how these factors impact aluminium prices and market trends, amid recent supply chain disruptions and increasing investments in sustainable solutions.

The size of the Automotive Aluminum Market was valued at USD 10.45 Billion in 2023 and is projected to reach USD 24.28 Billion by 2032, with an expected CAGR of 12.80% during the forecast period. Recent developments include: February 2024: Vedanta Aluminium has come up with Vedanta Metal Bazaar, an e-superstore for primary aluminum that will revolutionize the buying and selling of aluminum in India., The emporium launched with over 750 product variations from Vedanta Aluminium. AI-based pricing discovery gives clients unrivaled value even when commodity prices fluctuate. Ingots, billets, PFA, wire rods, rolled products, flip coils, hot metal, and Restora (India's first low-carbon aluminum) are available. The superstore additionally customizes solutions for its large consumer base., Aluminium is used in aerospace, automotive, building and construction, energy distribution, defense, and other industries. It is called the ‘metal of the future’ because it is essential to the global energy transition, renewable energy, electric vehicles, green infrastructure, and high-tech manufacturing. However, procuring aluminum was formerly complicated and resource-intensive., Vedanta Aluminium created Vedanta Metal Bazaar, a revolutionary e-commerce platform that would change aluminium purchase, to simplify business for customers., It promises to streamline the procurement process, allowing buyers to focus on business growth rather than transactional follow-ups and commodity price and order fulfillment fluctuations. After steel, aluminium is the second most consumed metal worldwide., Buyers may get just-in-time delivery, real-time AI-based pricing discovery, and full visibility from order placement to delivery with Vedanta Metal Bazaar. This enables robust production planning and frees up resources for important expenditures. In a few clicks, clients may use order history, dynamic market circumstances, and competitive rates to make smart purchases., A groundbreaking new platform, Vedanta Metal Bazaar was developed from the ground up to meet consumer expectations and revolutionize the experience., The platform offers global-first features like product availability, online price discovery, long-term contracts, on-the-spot orders, live shipment tracking, financial reconciliation, all critical documentation (such as test certificates, bank guarantees, letters of credit), and a selection of channel finance and logistics providers to help customers procure., September 2022: Alcoa Corporation announced new innovations in alloy development and deployment, further strengthening its position as a supplier of advanced aluminum alloys., May 2022: Novelis Inc. announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant.. Key drivers for this market are: . Restraints, . Opportunities; . Challenges; . Trends. Potential restraints include: . Opportunities, . Challenges; . Trends. Notable trends are: Growing in the sales and production of several automobiles to boost market growth.

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Aluminum Scrap Recycling Market Size 2025-2029

The aluminum scrap recycling market size is valued to increase USD 4.38 billion, at a CAGR of 10.7% from 2024 to 2029. Growing concerns over energy consumption and environmental pollution will drive the aluminum scrap recycling market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 60% growth during the forecast period.
By End-user - Casting segment was valued at USD 2.82 billion in 2023
By Type - Old scrap segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 153.04 million
Market Future Opportunities: USD 4379.40 million
CAGR from 2024 to 2029 : 10.7%

Market Summary

Amidst escalating environmental concerns and the increasing demand for sustainable practices, the market assumes a pivotal role in reducing energy consumption and minimizing pollution. The market's significance is underscored by the fact that recycling aluminum uses 95% less energy than producing new aluminum from raw materials. However, challenges persist, such as the decline in the recycling rate of used beverage cans, which currently hovers around 65%. Innovative advancements in technology are addressing these challenges. The introduction of Laser Induced Breakdown Spectroscopy (LIBS) and solid-state recycling techniques has revolutionized the aluminum scrap recycling process, ensuring higher purity levels and increased efficiency. These technological advancements enable the industry to process a broader range of aluminum scrap, including post-consumer scrap and industrial scrap, thereby expanding the market's scope. The market is expected to reach a value of USD50 billion by 2025, according to industry reports. This growth can be attributed to the increasing demand for recycled aluminum in various industries, including automotive, construction, packaging, and aerospace. The market's expansion is further fueled by the growing emphasis on circular economy principles and the implementation of stringent regulations aimed at reducing waste and promoting sustainable practices. In conclusion, the market plays a crucial role in addressing environmental concerns, conserving energy, and reducing waste. The integration of advanced technologies and the expanding demand for recycled aluminum are driving the market's growth, positioning it as a key contributor to the global circular economy.

What will be the Size of the Aluminum Scrap Recycling Market during the forecast period?

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How is the Aluminum Scrap Recycling Market Segmented ?

The aluminum scrap recycling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userCastingAutomotiveConstructionPackagingAerospaceElectronicsMachinery/EquipmentTypeOld scrapNew scrapAluminum Foil ScrapAluminum Ingot ScrapAlloy TypeWrought AlloyCasting AlloySpecific Alloy SeriesUnialloysGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By End-user Insights

The casting segment is estimated to witness significant growth during the forecast period.

The market is characterized by its dynamic nature, with ongoing activities and evolving patterns shaping the industry. The casting segment dominates the market, accounting for approximately 70% of the global aluminum scrap recycling, primarily due to its role in producing aluminum ingots and slabs for industries like automotive, aerospace, construction, and consumer goods. Advancements in casting technologies, such as remelting furnace technology and alloying techniques, enable the production of high-purity aluminum using recycled scrap. This, coupled with the environmental benefits of reducing carbon footprint and waste, makes recycled aluminum a preferred choice for manufacturers. The market is further influenced by supply chain optimization, recycling facility design, and recycling cost analysis, which aim to improve recycling yield and reduce labor costs. The magnetic separation process and eddy current separation are crucial in scrap metal sorting, ensuring the recovery of aluminum alloys and minimizing contamination. Market price fluctuation is influenced by factors like scrap metal pricing, recycling plant automation, and safety protocols procedures. The circular economy principles of waste reduction strategies and energy efficiency metrics are also driving the market, with recycling facilities implementing process optimization techniques to enhance metal recycling efficiency and product quality assurance. A single recycling facility can process over 100,000 tons of aluminum

China Turnover Value: Shanghai Futures Exchange: Options: Aluminium Oxide data was reported at 56.991 RMB mn in 13 May 2025. This records a decrease from the previous number of 76.252 RMB mn for 12 May 2025. China Turnover Value: Shanghai Futures Exchange: Options: Aluminium Oxide data is updated daily, averaging 85.602 RMB mn from Sep 2024 (Median) to 13 May 2025, with 164 observations. The data reached an all-time high of 412.436 RMB mn in 06 Jan 2025 and a record low of 3.832 RMB mn in 27 Jan 2025. China Turnover Value: Shanghai Futures Exchange: Options: Aluminium Oxide data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Options: Turnover: Daily.

According to Cognitive Market Research, the global Aluminum Oxide market size is USD 5518.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 6.30% from 2023 to 2030.

North America held the major market of around 40% of the global revenue with a market size of USD 2207.28 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030
Europe accounted for a share of around 30% of the global market size of USD 1655.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1269.19 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030
Latin America market of around 5% of the global revenue with a market size of USD 275.91 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 110.36 million in 2023 and will grow at a compound annual growth rate (CAGR) of 6.00% from 2023 to 2030

Growing Demand in Industrial Applications to Provide Viable Market Output

The aluminum oxide market experiences robust growth due to an escalating demand in various industrial applications. Renowned for its hardness, thermal stability, and versatility, aluminum oxide is a cornerstone in manufacturing abrasives, refractories, and ceramics. Industries, including automotive, aerospace, and construction, rely on aluminum oxide for high-performance surface finishing, enhancing product quality and durability. Moreover, the compound's role as a catalyst in the aluminum refining process makes it indispensable for the booming aluminum production sector. As industrial activities continue to expand globally, the demand for aluminum oxide is poised to rise, driven by its critical role in ensuring the efficiency and quality of diverse manufacturing processes. This escalating industrial demand positions aluminum oxide as a key player in providing a viable and dynamic market output.

Rising Demand in Electronics to Propel Market Growth

The aluminum oxide market is experiencing accelerated growth driven by a rising demand in the electronics sector. Aluminum oxide's exceptional electrical insulating properties make it a pivotal component in the production of semiconductors and electronic devices. As the electronics industry continues to advance with innovations in consumer electronics, telecommunications, and emerging technologies like 5G, the demand for aluminum oxide is set to soar. Its application extends to various electronic components, ensuring efficient insulation and reliability. The increasing integration of aluminum oxide in electronic manufacturing processes positions it as a critical material for the evolving tech landscape. This upward trajectory in demand from the electronics industry propels substantial growth in the aluminum oxide market, underscoring its significance in shaping the future of electronic devices and technologies.

Market Restraints of the Aluminum Oxide Market

Raw Material Price Volatility to Restrict Market Growth

Raw material price volatility emerges as a formidable restraint in the aluminum oxide market, notably due to the sensitivity of the industry to fluctuations in bauxite prices. Bauxite, a primary source for aluminum oxide production, experiences price variations influenced by geopolitical factors, supply chain disruptions, and global economic conditions. Sudden spikes in bauxite costs can escalate manufacturing expenses, impacting the overall pricing structure of aluminum oxide products. This price instability poses challenges for manufacturers in maintaining competitive pricing and stable profit margins. Mitigating strategies, such as long-term supply contracts or diversification of raw material sources, become essential for industry players to navigate the uncertainties associated with raw material pricing. The market's resilience and long-term growth are contingent upon effectively managing and adapting to the inherent volatility in the cost of essential raw materials.

Impact of COVID-19 on the Aluminum Oxide Market

The COVID-19 pandemic exerted a multifaceted impact on the aluminum oxide market. Initially, disruptions in global supply chains and reduced industrial activities led to a temporary decline in demand for aluminum oxide across sectors ...

Learn about the various factors that determine the price of aluminium scrap per ton, including the type and quality of scrap, market demand, fluctuations in international metal prices, transportation costs, and more. Stay informed and make educated decisions about buying and selling aluminium scrap.

Discover the booming aluminum raw material market! This in-depth analysis reveals a $150 billion market in 2025, projected to reach $230 billion by 2033 with a 5% CAGR. Explore key drivers, trends, restraints, and regional breakdowns. Learn about leading players like Rusal, Rio Tinto, and Alcoa.