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Aluminum fell to 2,575.70 USD/T on June 24, 2025, down 0.55% from the previous day. Over the past month, Aluminum's price has risen 3.71%, and is up 3.19% compared to the same time last year, 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 June of 2025.
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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.
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Explore the factors influencing aluminium prices, a crucial component in various industries like automotive and construction. Understand the impact of global demand, supply, and market trends on aluminium costs, with insights into how the London Metal Exchange benchmarks these prices.
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.
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.
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Explore the factors influencing the fluctuating price of aluminium per kg as of 2023, including global demand, supply dynamics, and market trends. Understand how geopolitical situations, economic health, and sustainability initiatives shape aluminium pricing, as well as the role of the London Metal Exchange in setting benchmarks for global transactions.
At the end of fiscal year 2024, the Wholesale Price Index of aluminum across India was 136. This meant an increase in the WPI of about 42 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.
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Explore the factors influencing aluminum alloy prices per kg in 2023, including global demand, supply chain conditions, energy costs, and geopolitical tensions. Understand the impacts of economic activities and recycling rates on pricing, and learn how emerging sustainability policies might shape the market.
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South Korea Aluminium data was reported at 2,480.500 USD/Ton in 15 May 2025. This records a decrease from the previous number of 2,530.000 USD/Ton for 14 May 2025. South Korea Aluminium data is updated daily, averaging 2,448.500 USD/Ton from Jul 2021 (Median) to 15 May 2025, with 971 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.P: Raw Material Prices.
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Retail Price: DOAC: Kettle: Aluminium: Meghalaya: Shillong data was reported at 400.000 INR/kg in Nov 2014. This stayed constant from the previous number of 400.000 INR/kg for Oct 2014. Retail Price: DOAC: Kettle: Aluminium: Meghalaya: Shillong data is updated monthly, averaging 220.000 INR/kg from Jan 2005 (Median) to Nov 2014, with 104 observations. The data reached an all-time high of 550.000 INR/kg in Sep 2013 and a record low of 180.000 INR/kg in Feb 2008. Retail Price: DOAC: Kettle: Aluminium: Meghalaya: Shillong data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PB151: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).
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Explore the factors influencing the pricing structure of Aluminium 7075-T6, a high-strength aerospace-grade aluminum alloy, including demand, market dynamics, and purchasing forms. Learn about the latest price range and the impact of various economic and geopolitical factors.
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Learn about the historical, current, and potential future prices of aluminum per kilogram, and the various factors that affect the price of this lightweight and corrosion-resistant non-ferrous metal.
Get the latest insights on price movement and trend analysis of Aluminium Slug in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Report Features | Details |
Product Name | Aluminium Slug |
HS Code | 76169990 |
Industrial Uses | Automotive Components, Pharmaceutical Industries, Aluminium Packaging |
Supplier Database | Ball Corporation, Aluminium Rheinfelden GmbH, Fuchuan Metal, Jindal Aluminium Limited, Fried. v. Neuman GmbH, Shanghai Nansen Industry Co., Ltd., Aluminium-Werke Wutöschingen AG & Co. KG |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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According to Cognitive Market Research, the global Aluminum Scrap Recycling market size will be USD 5814.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2325.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1744.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1337.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 290.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 116.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
The Diesel Generator category is the fastest-growing segment of the Aluminum Scrap Recycling industry
Market Dynamics of Aluminum Scrap Recycling Market
Key Drivers for Aluminum Scrap Recycling Market
Increased Application of Aluminium in The Automobile Industry to Boost Market Growth
Aluminum is prized for its lightweight, corrosion-resistant, and malleable characteristics. Its widespread application in industries such as automotive, aerospace, construction, and packaging has led to a significant rise in the demand for aluminum products. A recent study commissioned by European Aluminium and conducted by Ducker Carlisle reveals that the average aluminum usage in European cars has surged by 18%, rising from 174 kg in 2019 to 205 kg in 2022. The study forecasts this upward trend will continue, with the average aluminum content expected to reach 237 kg by 2026 (+15.6%) and 256 kg per vehicle by 2030 (+24.9%). Electric vehicles (EVs) are particularly driving this increase; in 2022, the average battery electric vehicle (BEV) in Europe contained 283 kg of aluminum, compared to just 169 kg in petrol or diesel internal combustion engine (ICE) vehicles. Furthermore, the average aluminum content in electric vehicles is projected to grow by 9.5%, reaching 310 kg between 2022 and 2026. The automotive industry is increasingly turning to aluminum to enhance fuel efficiency and reduce vehicle weight, which in turn elevates the demand for recycled aluminum as manufacturers strive to achieve sustainability goals and comply with regulatory requirements.
Increased Urbanization and Infrastructure Development to Drive Market Growth
Rapid urbanization is contributing to a heightened consumption of aluminum across various applications, including packaging and construction materials. Globally, an increasing percentage of the population is residing in urban areas. In 2012, 52.5% of the population lived in cities, and this figure was projected to rise to 56.9% by 2022. Urbanization rates are generally higher in developed countries (79.7% in 2022) compared to developing nations (52.3%). In least-developed countries (LDCs), the urban population remains a minority, accounting for only 35.8%. As cities grow, the volume of aluminum scrap generated also increases, creating additional opportunities for recycling. In the construction sector, every $100,000 spent on residential and non-residential projects results in an increase of approximately 126 pounds and 183 pounds of aluminum usage, respectively. Non-residential construction represented over 60% of the 2.5 billion pounds of aluminum utilized in building and construction applications in 2022. Large-scale infrastructure projects frequently incorporate aluminum in both construction and transportation, leading to a significant amount of scrap that can be efficiently recycled, thus driving demand for recycling services.
Restraint Factor for the Aluminum Scrap Recycling Market
Quality and Contamination Issues Will Limit Market Growth
The presence of non-aluminum materials in scrap can significantly diminish the quality of recycled aluminum. Contaminants such as plastics, other metals, and hazardous substances can complicate the recycling process and reduce the market value of the final product. Aluminum scrap is...
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Explore the fluctuating prices of 7075 aluminum, influenced by factors such as market demand, production costs, and global trade policies. Known for its high strength-to-weight ratio, 7075 aluminum is crucial in industries like aerospace and automotive. Learn about the elements affecting its price and the importance of considering form factor, regional differences, and purchasing strategies like futures contracts.
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Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data was reported at 150.000 INR/kg in Nov 2008. This stayed constant from the previous number of 150.000 INR/kg for Oct 2008. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data is updated monthly, averaging 148.000 INR/kg from Jan 2005 (Median) to Nov 2008, with 19 observations. The data reached an all-time high of 150.000 INR/kg in Nov 2008 and a record low of 120.000 INR/kg in Jan 2005. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC194: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).
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Aluminium enjoys great popularity in a wide range of industries. The automotive industry in particular is increasingly relying on this material to build lighter vehicles. Aluminium is also used in the aviation industry, shipbuilding and construction. Industry players are dependent on imports of the raw material bauxite for the production of aluminium, as Germany has no bauxite deposits of its own. For this reason, industry development is heavily dependent on the price of bauxite as well as the price of aluminium itself. Industry turnover has fallen by an average of 0.2% per year to €16.6 billion over the last five years due to a number of factors, including trade tensions, strong international competition and the negative impact of the coronavirus pandemic.In 2020, industry turnover is expected to fall by 2.9%, mainly due to the high key interest rate set by the European Central Bank, which is dampening demand for aluminium in the construction sector. German aluminium producers operate in a market characterised by fierce international competition and increasing regulatory requirements. In order to fulfil regulatory requirements and remain competitive, industry players are taking a variety of measures. By acquiring other aluminium producers that manufacture the same or different industry products, industry companies can expand their customer base and benefit from economies of scale and cross-selling. To reduce their production costs, industry players are also increasingly investing in energy-saving machinery and equipment as well as digital technologies.According to IBISWorld forecasts, industry turnover will decline by an average of 0.3% per year over the next five years, reaching 16.3 billion euros in 2029. The industry is expected to benefit from the trend towards lightweight construction in the automotive and aerospace industries in the coming years. In addition, German aluminium manufacturers will continue to develop new alloys in the coming years that are specifically tailored to the needs of customers from different industries. Industry players are also likely to increasingly manufacture their products from recycled aluminium instead of bauxite. This should help to reduce dependence on foreign bauxite suppliers and lower energy requirements.
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Retail Price: DOAC: Kettle: Aluminium: Uttar Pradesh: Gorakhpur data was reported at 180.000 INR/kg in Dec 2014. This stayed constant from the previous number of 180.000 INR/kg for Oct 2014. Retail Price: DOAC: Kettle: Aluminium: Uttar Pradesh: Gorakhpur data is updated monthly, averaging 180.000 INR/kg from Jan 2005 (Median) to Dec 2014, with 103 observations. The data reached an all-time high of 180.000 INR/kg in Dec 2014 and a record low of 140.000 INR/kg in Mar 2008. Retail Price: DOAC: Kettle: Aluminium: Uttar Pradesh: Gorakhpur data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PB151: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).
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Explore the factors influencing aluminum 5083 pricing, a high-quality marine-grade alloy, and understand why consulting market sources for real-time data is crucial.
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Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Rewa data was reported at 200.000 INR/kg in Feb 2007. This stayed constant from the previous number of 200.000 INR/kg for Dec 2006. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Rewa data is updated monthly, averaging 160.000 INR/kg from Feb 2005 (Median) to Feb 2007, with 23 observations. The data reached an all-time high of 200.000 INR/kg in Feb 2007 and a record low of 150.000 INR/kg in Sep 2005. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Rewa data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC194: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).
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Aluminum fell to 2,575.70 USD/T on June 24, 2025, down 0.55% from the previous day. Over the past month, Aluminum's price has risen 3.71%, and is up 3.19% compared to the same time last year, 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 June of 2025.