Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, 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 March of 2025.

In 2023, the average price for aluminum stood at 2,256 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

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.

This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through January 2025. In January 2025, the average monthly price for aluminum stood at 2,573.4 nominal U.S. dollars per metric ton.

Explore the complex factors influencing aluminum prices per ton, from supply chain dynamics and energy costs to global demand, geopolitical events, and technological advancements. Understand how these elements shape the pricing of this key industrial commodity.

The average price of aluminum fluctuated in recent year and increased significantly since 2020. In 2022, the average price was the metal was 2,795 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.

Learn about the factors driving the price of aluminium per metric ton, including supply and demand, global production levels, and geopolitical risks, and how the current economic landscape is impacting this important metal used in industries worldwide.

Learn about the factors that influence the price of aluminum per ton and how it fluctuates regularly. The current price of aluminum per ton as of August 2021 is around $2,700-$2,800 per metric ton

In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 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 750,000 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 43 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 14 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.

Explore the factors influencing LME aluminum prices, including supply and demand dynamics, geopolitical tensions, and energy costs. Understand the impact of market trends on sectors like transportation and construction, and learn how traders and investors monitor these prices to guide strategic decisions.

Aluminum prices averaged 2,523 U.S. dollars per metric ton in the second quarter (Q2) of 2024. That represented nearly 13 percent more than the previous quarter, when the price of aluminum stood at 2,203 U.S. dollars per ton.

In 2021, the average sales price of aluminum in China stood at 18,946 yuan per ton, a significant increase of 33.5 percent compared to 2020, the highest record in the past decade. The second highest average sales price for aluminum in China occurred in 2011 at 16,977 yuan per ton.

The aluminum alloy ingot prices in the United States for Q2 2024 reached 3320 USD/MT in June. The market reflected strong growth as demand from key industries surged. Seasonal peaks driven by summer demand and intensified industrial activity contributed to rising prices. Key supply constraints and sustainability regulations added upward pressure, creating a positive market outlook with strong investor interest and strategic stockpiling that further underscored the upward trend in prices.

In the first quarter of 2024, the price of the aluminum wire (copper cladded) in Korea reached $6,600/Ton. The price of aluminum wire (copper cladded) in Korea increased by 0.7% as compared to the previous month. The increase in price was driven by the demand from the construction and housing sectors, amidst stable market conditions and moderate supply levels. Similarly, in Brazil, the aluminum wire (copper cladded) prices hit $4,360/Ton.

During the last quarter of 2024, the aluminum sulfate prices in the United States reached 365 USD/MT in December. The report provides a detailed analysis of the aluminum sulfate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports.

Explore IMARC’s newly published report, titled “Aluminum Sulfate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of aluminum sulfate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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.

In June 2023, the price of aluminum was $1,509 per ton (CIF, Qatar), experiencing a decline of 20.7% compared to the previous month.

In February 2023, the price of secondary aluminum was $3,128 per ton (CIF, US), representing an increase of 7.3% compared to the previous month.

This statistic represents the global aluminum consumption forecast from 2021 to 2029, at a compound annual growth rate of 2.6 percent. In 2021, global aluminum consumption is projected to amount to some 64.2 million metric tons.

Aluminum usage for industrial production Thanks to its light weight, durability, and malleability, aluminum is a highly used metal in consumer goods, electronics, and vehicle production. In 2020, roughly 23 percent of total aluminum globally was used by the transport sector for manufacturing and production. The trend towards high industrialization across the globe triggered a demand increase for all types of metals necessary for production. In 2020, the size of the global aluminum market was 160 billion U.S. dollars. This market is expected to reach approximately 150 billion U.S. dollars by 2026. As of 2020, the top three major importers of aluminum and aluminum products were the United States, Germany, and China. The top three exporters were the same countries that same year.

Aluminum recycling Primary aluminum production is an very energy-intensive process and this induces organizations to repurpose waste aluminum. Across the globe, firms recycle aluminum to meet the increasing demand and gain profits. The price of one pound of recycled aluminum cans was 60 U.S. cents in 2018, down from 70 U.S. cents per pound in 2017. This rapid decline in the price of recycled aluminum suggests a surge in aluminum recycling and increasing efficiency of the recycling process worldwide. In 2018, the production volume of recycled aluminum in Asia reached roughly 11 million metric tons, up from 7.8 million metric tons in 2014. Nonetheless, not all aluminum waste is recycled. In North America, only 55 percent of total aluminum waste was recycled between 2015 and 2017.

South Korea Aluminium data was reported at 2,640.500 USD/Ton in 24 Mar 2025. This records a decrease from the previous number of 2,652.000 USD/Ton for 21 Mar 2025. South Korea Aluminium data is updated daily, averaging 2,452.250 USD/Ton from Jul 2021 (Median) to 24 Mar 2025, with 936 observations. The data reached an all-time high of 3,984.500 USD/Ton in 07 Mar 2022 and a record low of 2,068.500 USD/Ton in 21 Aug 2023. South Korea Aluminium data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P002: Raw Material Prices.