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.

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.

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 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

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.

During the last quarter of 2024, the aluminum prices in the USA reached 4628 USD/MT in December. As per the aluminum price chart, the prices increased by around 10.45% compared to the same quarter last year. The market held steady in the face of worldwide unpredictability. While trade policy debates and tariff considerations influenced investor behavior, the effects of China's changed export policies were continuously observed.

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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.

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.

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.

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.

China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data was reported at 20,331.170 RMB/Ton in Jan 2025. This records a decrease from the previous number of 20,725.690 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data is updated monthly, averaging 15,835.000 RMB/Ton from Jan 2001 (Median) to Jan 2025, with 289 observations. The data reached an all-time high of 23,216.140 RMB/Ton in Mar 2022 and a record low of 10,773.000 RMB/Ton in Nov 2015. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.

Explore the factors influencing aluminum prices in 2023, including global demand, production costs, and geopolitical events. Learn how trade policies, energy costs, and recycling innovations impact market volatility and future pricing trends.

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.

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.

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Transaction Price: Aluminum: AOO: Shenyang data was reported at 13,910.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 13,930.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Shenyang data is updated monthly, averaging 15,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 22,500.000 RMB/Ton in May 2006 and a record low of 10,500.000 RMB/Ton in Dec 2015. Transaction Price: Aluminum: AOO: Shenyang data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Aluminum Price.

Ghana Export Price: Aluminium data was reported at 2,029.150 USD/Metric Ton in Mar 2018. This records a decrease from the previous number of 2,094.880 USD/Metric Ton for Dec 2017. Ghana Export Price: Aluminium data is updated quarterly, averaging 2,090.725 USD/Metric Ton from Mar 2006 (Median) to Mar 2018, with 38 observations. The data reached an all-time high of 3,060.890 USD/Metric Ton in Mar 2007 and a record low of 0.000 USD/Metric Ton in Dec 2010. Ghana Export Price: Aluminium data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.P003: Export Price.

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.