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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.
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Explore how aluminum prices on the Commodity Exchange (COMEX) are affected by supply-demand dynamics, economic trends, energy costs, and geopolitical factors. Understand the conversion of prices from USD per ton to per pound, and learn about the role of futures and options in managing price fluctuations.
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.
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The automotive aluminum market offers a diverse range of products, each with specific applications:Rolled Products: Rolled aluminum accounts for the largest market share. It is used for various components, including body panels and structural parts due to its formability and strength.Extruded Products: Extruded aluminum finds applications in frames, bumpers, and interior trim. Its high strength-to-weight ratio makes it suitable for complex shapes and load-bearing components.Castings: Aluminum castings are preferred for high-stress applications such as engine blocks and suspension components. They offer complex geometries and excellent durability. 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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Learn about the factors that impact the price of pure aluminum, including purity level, location, transportation, and market demand. Get insights into the complex global aluminum market and stay informed to make informed decisions.
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The global complex aluminum castings market is experiencing robust growth, driven by increasing demand from the automotive and non-automotive sectors. The automotive industry's push towards lightweighting vehicles to improve fuel efficiency and reduce emissions is a significant catalyst. Furthermore, the rising adoption of complex shapes and designs in various applications, including aerospace, electronics, and machinery, is fueling market expansion. High-pressure die casting, offering superior dimensional accuracy and surface finish, is gaining traction compared to gravity and low-pressure casting techniques, driving segment growth. While the market faces challenges such as fluctuating aluminum prices and stringent environmental regulations, technological advancements in casting processes and the development of high-strength aluminum alloys are mitigating these constraints. The market is geographically diverse, with North America and Europe currently holding substantial market shares, but the Asia-Pacific region, particularly China and India, is witnessing rapid growth due to increasing industrialization and automotive production. We project a sustained growth trajectory over the forecast period (2025-2033), driven by continuous innovation and increasing demand across key sectors. This growth is further bolstered by strategic collaborations and mergers and acquisitions amongst key players. Companies like Alcast Technologies, Arconic Inc., and Nemak are leading the way in terms of innovation and expansion, introducing advanced casting technologies and expanding their geographic reach. The market is characterized by a relatively high degree of concentration, with a handful of major players dominating the landscape, while many smaller, specialized firms cater to niche markets. Over the next decade, the market is expected to witness continued consolidation, further shaping the competitive dynamics. The focus on sustainable practices, including the use of recycled aluminum and the implementation of energy-efficient manufacturing processes, is expected to become increasingly important, influencing market strategies and shaping future growth.
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As per Cognitive Market Research's latest published report, the Global Aluminum Powders market size will be $2,488.60 Million by 2028. Aluminum Powders Industry's Compound Annual Growth Rate will be 2.91% from 2023 to 2030.
The North America Aluminum Powders market size is projected to reach USD 814.14 Million by 2028.
Factors Impacting on Aluminum Powders Market
Surge in the demand for lightweight and fuel-efficient vehicles
The automotive industry includes a wide scope of organizations and associations engaged with the structure, improvement, assembling, showcasing, and selling of engine vehicles. It is one of the world's biggest financial segments by income. Regardless of issues with overcapacity and low benefit, the automotive industry holds solid influence and significance. It is a significant modern and monetary power around the world. It makes approximately 60 million vehicles and trucks a year.
Several factors, such as increasing population, rise in the logistic sector, and increasing transport trends have surged the automotive industry. Rising per capita income is relied upon to drive income development for the worldwide automotive industry. According to the survey, it is projected that the global automotive industry will grow to nine trillion U.S. dollars by 2030.
Consumer requests are changing the business with the digitization of innovation. The car business is offering answers for greener vehicles, public transportation, driving help and self-sufficient driving, savvy framework, and numerous imaginative approaches to fulfil the requests of clients. The vehicle and car parts producing segment specifically is popular for new representatives. Indeed, producing drives the remainder of the car business as far as hours worked and compensation.
As the automotive industry is continuously growing, vehicles are becoming more and more sophisticated with every passing year due to new technologies, competition and innovation. There is a rising market for electric vehicles and autonomous vehicles. Consumer attitude is shifting towards eco-friendly and lightweight vehicles. Due to the overuse of fuel and its extinction, the Government is urging to go for environment friendly
Due to the overuse of fuel and its extinction, the Government is urging to go for environmentally friendly vehicles with less carbon emission. Automakers thus improve their design and engineering systems with each passing year, creating more efficient and higher-performing vehicles. Aluminium powders are widely used in the automotive sector as it is particularly suited for automotive light-weight applications with thin walls and complex geometries. Complex shapes and components, such as those found in engines, can be reliably produced in large quantities through sintering. Further, 3D printing is currently gaining importance. So far, metal 3D printing has mainly proven to be a lucrative investment in the research and development field. Aluminium powder is also used as a solid lubricant in gearboxes, mostly in combination with the corresponding sintering process. Thermal coatings can also be applied using a suitable metal powder. Hence, the surge in the demand for lightweight and fuel-efficient vehicles boosts the growth of the aluminium powders market.
Expanding aviation industry
The aviation sector's activities are very diverse, with a multitude of commercial, industrial and military applications. The aviation manufacturing industry is a high-technology industry which manufactures aviation, guided missiles, space vehicles, aviation engines, propulsion units, and related parts. The global aviation industry is near about worth $838 billion of which Aviation & Engine OEMs represented 28%, Civil & Military MRO & Upgrades 27%, Aviation Systems & Component Manufacturing 26%, Satellites & Space 7%, Missiles & UAVs 5%, and other activity, including flight. Considering the overall commercial aviation market, North American and Europe demand for commercial aviation production is growing at 5.4% and 5.3% respectively.
Industry includes aviation and parts used for civil aviation and military aviation. With rising disposable income and globalization, air passenger traffic has increased. Socio-economic factors are enhancing mobility along with its pillars including air, maritime, and inland. In today’s world, mobility by air, road and water is al...
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Machining Aluminum Market size was valued at USD 34.10 Billion in 2023 and is projected to reach USD 57.28 Billion by 2031, growing at a CAGR of 6.78 % from 2025 to 2031.
Global Machining Aluminum Market Overview
The global machining aluminum market is experiencing rapid growth and transformation as the flourishing aerospace industry is positively impacting its growth. The aerospace and automotive sectors are major consumers of machined aluminum components. Both industries require lightweight yet strong materials for their components to increase fuel efficiency and reduce overall weight. Aluminum is an ideal choice for these applications as it offers high strength-to-weight ratios, making it possible to create complex and intricate parts that can withstand extreme conditions. The expansion of these industries worldwide contributes significantly to the growth of the machining aluminum market.
Aluminum is lightweight and have high strength-to-weight ratio. These properties make it an ideal material for industries seeking to reduce the weight of their products while maintaining structural integrity. Machining aluminum allows manufacturers to create complex and lightweight components that offer durability and performance advantages. The growing emphasis on fuel efficiency, emissions reduction, and improved energy efficiency in industries like automotive and aerospace further drives the demand for aluminum machining.
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Type:Primary Aluminum: Electrolysis of alumina to produce pure aluminumSecondary Aluminum: Recycling of aluminum scrap to produce usable aluminumProduct Type:Flat Rolled Products: Sheets, plates, foils used in construction, transportation, and packagingCastings: Molten aluminum poured into molds for complex shapes used in automotive and machineryExtrusions: Aluminum alloys forced through a die to create specific shapes used in construction and transportationRod & Bar: Round or rectangular rods or bars used in electrical and mechanical applicationsForgings: Shaping aluminum alloys using pressure or impact for high-strength components Notable trends are: GROWING DEMAND FOR ALUMINUM IN THE CONSTRUCTION INDUSTRY.
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Discover the benchmark prices for aluminum, including the LME price, AA price, COMEX price, and AAP, and learn how these prices are determined and influenced by market trends and demand.
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Explore the history of aluminum prices and the various factors that impact its value, from global supply and demand to economic shifts and geopolitical instability. Learn how investors and industry professionals can navigate the complex world of aluminum pricing.
COMEX is a division of the CME Group. It is one of the primary futures and options trading platforms for metals, including gold, silver, copper, and aluminum.
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Market Overview: The global Aluminum Target Material for Mainstream 300mm Wafers market is poised to witness steady growth, with a market size estimated at USD XXX million in 2023 and projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period (2023-2033). The increasing demand for semiconductors in various industries, particularly in the electronics and automotive sectors, is driving the market growth. The rapid adoption of 300mm wafers in high-volume semiconductor manufacturing further fuels the demand for aluminum target materials used in thin-film deposition processes. Key Market Trends: The rising adoption of advanced packaging technologies, such as fan-out wafer-level packaging (FOWLP) and 3D integrated circuits (3D-ICs), is creating new opportunities for aluminum target materials. These technologies require precise and conformal deposition of aluminum on complex device structures. The aluminum target material market is also benefiting from the growing trend towards miniaturization of electronic devices, which necessitate thinner and more conductive metal layers. Additionally, the expansion of semiconductor manufacturing capacity in regions such as Asia-Pacific and Europe is expected to drive the demand for aluminum target materials in the coming years.
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The highly Lewis acidic, cationic aluminum species [DIPP-nacnacAlMe]+[B(C6F5)4]− (1, DIPP-nacnac = [HC{C(Me)N(2,6-iPr2C6H3)}2]−) has been shown to undergo reactions with a wide variety of small molecules, in both the presence and absence of an external weak phosphine base, PPh3. Cycloaddition reactions of unsaturated C–C bonds across the aluminum diketiminate framework are reported, and the first structural confirmation of this type of cycloaddition product is presented. Addition of PPh3 to 1 produces the cationic aluminum phosphine complex [DIPP-nacnacAl(Me)PPh3]+[B(C6F5)4]−, which undergoes fluxional dissociation/coordination of the phosphine in solution. This weak Al–P interaction can be utilized in frustrated Lewis pair type reactions to activate alkenes, alkynes, CO2, propylene oxide, and the C–Cl bonds of CH2Cl2. The CO2 adduct [DIPP-nacnacAl(Me)OC(PPh3)O]+[B(C6F5)4]− undergoes further stoichiometric reduction with Et3SiH to produce an aluminum formate species.
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Plutonium (Pu) is a radiotoxic element that is present in used nuclear fuel and reprocessing products, and at legacy contaminated sites. To address existing waste inventories and environmental contamination, it is essential to understand Pu fate and transport in subsurface environments, which is tied to its rich redox aquatic chemistry. Predictive geochemical models are necessary for the long-term performance assessments of nuclear waste repositories and radionuclide migration in contaminated sites. However, current models do not accurately predict actinide behavior under field conditions and legacy contaminated sites, and do not account for complexity in mineral assemblages, such as significant metal impurities or substitution. In this work, we studied mineralogically complex systems where Pu(V/VI) is the sorbate and Aluminum-substituted hematite (a-Fe2O3), or Aluminum-substituted goethite (a-FeOOH) are the sorbents. Using synchrotron-based high-energy resolution fluorescence detection X-ray absorption near-edge structure (HERFD-XANES) and extended X-ray absorption fine structure (EXAFS) spectroscopies targeting the M4 and L3 edges of Pu, we quantified of the extent of Pu surface-mediated reduction from Pu(V/VI) to Pu(IV), and the determined the Pu speciation in systems where controlled mineral complexity in iron oxides is induced. We found that Al-substitution in both hematite and goethite generates electronic changes and lattice distortions, and it slows down the sorption and ensuing reduction of Pu in short timescales. However, as the systems approached steady state, the extent of surface-mediated reduction to Pu(IV) was very similar to non-substituted iron (oxyhydr)oxides. We also found that Al-substitution in hematite and goethite leads to an increase in defects in the crystal morphology, which impacts the sequestration of Pu. In terms of Pu speciation, we found that at relatively high concentrations, precipitation of PuO2 nanoparticles occurs readily on the surface of corundum (a-Al2O3), while PuO2 nanoparticles and sorbed Pu species co-exist on the surface of hematite and Al-substituted hematite.
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The global aluminum 3D printing materials market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach around USD 3.8 billion by 2032, growing at a robust CAGR of 13.2% during the forecast period. This staggering growth is driven by the increasing adoption of 3D printing technology in various industries, such as aerospace, automotive, and healthcare. The versatility and lightweight properties of aluminum make it an ideal material for various 3D printing applications, thereby fueling market expansion.
One of the primary growth factors for the aluminum 3D printing materials market is the rising demand for lightweight and high-strength components in the aerospace and automotive industries. Aluminum's properties, such as corrosion resistance, high thermal conductivity, and excellent mechanical strength, make it a preferred choice for manufacturing intricate and complex parts. The shift towards electric vehicles (EVs) and the need for fuel-efficient aircraft further boost the demand for aluminum 3D printing materials, as these industries prioritize lightweight materials to enhance performance and reduce emissions.
Another significant growth driver is the continuous advancements in 3D printing technologies. Innovations in manufacturing processes, such as Direct Metal Laser Sintering (DMLS), Selective Laser Melting (SLM), and Electron Beam Melting (EBM), have improved the quality, precision, and speed of 3D printing with aluminum. These advancements enable manufacturers to produce highly detailed and customized components, thereby expanding the application scope of aluminum 3D printing materials in various sectors, including healthcare for producing patient-specific implants and prosthetics.
The growing trend of Industry 4.0 and the increasing adoption of digital manufacturing practices also contribute to the market's growth. Companies are investing in advanced manufacturing technologies to streamline production processes, reduce lead times, and minimize wastage. Aluminum 3D printing materials play a crucial role in this transformation by offering a sustainable and efficient solution for producing complex geometries and reducing material waste. Additionally, the ability to produce on-demand and reduce inventories aligns with the goals of smart manufacturing, further driving market growth.
Regionally, North America holds a significant share of the aluminum 3D printing materials market, driven by the presence of major aerospace and automotive manufacturers and the early adoption of advanced manufacturing technologies. Europe follows closely, with substantial investments in research and development and a strong focus on sustainability and innovation. The Asia Pacific region is expected to witness the highest growth rate, attributed to the rapid industrialization, increasing adoption of 3D printing technologies, and supportive government initiatives. Developing regions such as Latin America and the Middle East & Africa are also exploring the potential of aluminum 3D printing materials, although at a relatively slower pace.
In the aluminum 3D printing materials market, product types are primarily categorized into powder, filament, and others. Aluminum powder holds the largest market share due to its widespread use in various 3D printing technologies such as DMLS and SLM. The fine particles and high surface area of aluminum powder enable precise melting and solidification, resulting in high-quality prints. Additionally, advancements in powder production techniques, such as gas atomization, have improved the quality and consistency of aluminum powder, further driving its demand in the market.
Filaments, although relatively less dominant compared to powders, are gaining traction in the market, particularly in desktop 3D printing applications. Aluminum filaments are used in fused deposition modeling (FDM) printers, which are cheaper and more accessible to small and medium enterprises (SMEs) and educational institutions. The development of high-performance aluminum filament blends that offer enhanced mechanical properties and printability has spurred their adoption. Filaments are also preferred for prototyping and small-scale production, making them an essential segment of the market.
The "others" category includes aluminum composites and hybrid materials, which are specifically engineered to meet the requirements of specialized applications. These materials combine aluminum with other metals or polymers to enhance speci
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The global aluminum alloy market size was valued at USD 165.8 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.50% from 2023 to 2033. Rising demand for lightweight and durable materials in end-use industries such as transportation, construction, and consumer durables is driving the market growth. Additionally, increasing government regulations on fuel efficiency and emission reduction are further propelling the adoption of aluminum alloys in automotive and aerospace applications. Key market trends include the growing popularity of heat-treatable alloys due to their enhanced strength and durability, and the increasing demand for 6000 and 7000 series alloys in high-strength applications. Furthermore, the adoption of advanced manufacturing technologies, such as 3D printing and additive manufacturing, is creating new opportunities for aluminum alloys in complex and lightweight designs. Key players in the market include Alcoa, Rio Tinto, Norsk Hydro, Rusal, Novelis, China Hongqiao Group, and Constellium. The market is expected to witness continued growth in emerging economies such as China, India, and Brazil, driven by rapid industrialization and urbanization. Recent developments include: In March 2021, Ronal Group, a major manufacturer of light alloy wheels, launched a new aluminum alloy wheel called Ronal R67. The new design has five narrow scopes and five distinct double spokes adorned with bright design elements. This launch will provide optimal air inlet and an extra athletic touch., In February 2021, Novelis Inc., a global leader in aluminum rolling and recycling, introduced Novelis AdvanzTM 7UHS-s701, its best automotive aluminum product. The highly improved ultra-high-strength steel is now offered to the worldwide automotive sector., In November 2021, CBA Brazil, a producer of low-carbon aluminum, announced the acquisition of about 80% of Alux Inc., a secondary alloyed aluminum producer. CBA Brazil has invested significantly in its production facilities and will continue to do so in the foreseeable future.. Notable trends are: Rising demand for lightweight aircraft and automobiles fuels market growth.
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Explore the multifaceted factors influencing aluminum prices in China, including domestic production and demand dynamics, international trade policies, economic conditions, and market speculation. This analysis provides insights into the complex interplay affecting the global aluminum industry.
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A series of salen-type ligands (L1H2–L6H2) with sterically bulky cumyl groups have been synthesized. Reaction of these ligands with AlMe3 yields the mononuclear aluminum complexes LAlMe or dinuclear species L2Al2Me4, respectively. Further reaction of LAlMe with benzyl alcohol produces LAl(OBn), respectively. Solid-state structural studies reveal that complexes 1a and 2a are mononuclear; however, complex 6 is a dinuclear species. Aluminum alkoxides 1a–3a are highly stereoselective in the ROP of rac-lactide, producing polylactide (PLA) with 94–97% enantiomeric selectivity (Pm) at high conversion. Their high enantioselectivity leads to PLA with high Tm (205 °C). The polymerization of l-lactide by these complexes also shows good living features with narrow PDI values (Mw/Mn = 1.06–1.25) signaling less or no transesterification, which can be further verified by MALDI-TOF mass spectrometric analysis.
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The Complex Aluminum Castings market has emerged as a critical segment within the broader aluminum industry, driven by increasing demand for lightweight yet durable components across various sectors, including automotive, aerospace, and industrial manufacturing. Characterized by their intricate designs and superior
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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.