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Aluminum rose to 2,573.35 USD/T on August 1, 2025, up 0.30% from the previous day. Over the past month, Aluminum's price has fallen 1.90%, but it is still 13.69% 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 August of 2025.
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Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to Jun 2025 about aluminum, World, and price.
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.
This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through June 2025. In June 2025, the average monthly price for aluminum stood at ******** nominal U.S. dollars per metric ton.
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Get the latest insights on price movement and trend analysis of Aluminium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Real-time aluminum spot prices from major Chinese markets with price changes and trends
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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.
Product
| Category | Region | Price |
---|---|---|---|
Aluminium Alloy | Metals | USA | 3657 USD/MT |
Aluminium Alloy | Metals | Germany | 3173 USD/MT |
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.
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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.
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.
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Comprehensive aluminum spot price dataset from Zhongyuan market including real-time pricing, daily changes, and percentage fluctuations for aluminum ingot trading in China's spot market
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The U.S. secondary aluminum market stood at $9.3B in 2024, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +2.8% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Secondary aluminum consumption peaked at $11B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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The global aluminum sector grow in 2025 to 2035 with several sectors like automobile, aviation, real estate, packaging, and electrical uses intensifying demand. The sector will reach USD 331.1 billion in 2035 with a Compound Annual Growth Rate (CAGR) of 6.1%.
Metric | Value |
---|---|
Market Size (2025E) | USD 183.1 Billion |
Market Size (2035F) | USD 331.1 Billion |
CAGR (2025 to 2035) | 6.1% |
Aluminium Market Analyzed by Top Investment Segments
Series | CAGR (2025 to 2035) |
---|---|
Series 5 Aluminium | 7.2% |
Processing | CAGR (2025 to 2035) |
---|---|
Extrusions | 7.4% |
Country Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
USA | 4.5% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 4.2% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 4.8% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 4.1% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 4.3% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
China Hongqiao Group | 14-19% |
UC Rusal | 9-13% |
Alcoa Corporation | 7-11% |
Rio Tinto Aluminium | 5-9% |
Emirates Global Aluminium (EGA) | 4-8% |
Other Companies (combined) | 45-55% |
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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.
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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.
The average price of aluminum has fluctuated in recent years, and since 2020 it has increased significantly. In 2024, the average price of the metal was 2,419 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.
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Why did the Aluminium Sheet Price Change in July 2025? The Aluminium Sheet (1100-H14) Price Index in the United States rose 2.4% quarter-over-quarter in Q2 2025, with a sharp 6.0% spike in June alone.
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Learn about the main factors that influence the price of aluminum, including supply and demand, economic and geopolitical events, production costs, and inventory levels. Discover how the global market for aluminum operates, and how to stay informed about industry trends to make informed investment decisions.
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Comprehensive aluminum spot price dataset from SMM market including real-time pricing, daily changes, and percentage fluctuations for aluminum ingot trading in China's spot market
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Kaiser Aluminum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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The aluminum wire prices in the South Korea for Q2 2024 reached 3670 USD/MT in June. They were driven by strong construction activity and a recovering automotive sector. Supply-demand dynamics tightened amid logistical and seasonal pressures, pushing prices upward. The market responded to evolving conditions by capitalizing on peak construction demand, reflecting a positive, albeit fluctuating, pricing environment for aluminum wire.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum Wire | Metal & Metalloids | South Korea | 3670 USD/MT |
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Aluminum rose to 2,573.35 USD/T on August 1, 2025, up 0.30% from the previous day. Over the past month, Aluminum's price has fallen 1.90%, but it is still 13.69% 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 August of 2025.