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Aluminum fell to 2,603.70 USD/T on July 11, 2025, down 0.21% from the previous day. Over the past month, Aluminum's price has risen 3.25%, and is up 4.95% 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 July 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.
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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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Extruded Aluminum Shapes, Including Rod, Bar, and Wire (WPU10250162) from Dec 2004 to May 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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Learn about the constantly changing factors affecting the price of aluminum steel in the manufacturing industry, including the impacts of supply and demand, production costs, and global economic trends. Discover how the trade war between the US and China, and the COVID-19 pandemic have resulted in highly volatile pricing. Prices range from $0.70 to $2,500 per metric ton depending on the region and type of product.
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Other Fabricated Structural Iron and Steel, Aluminum, and Other Metals (WPU10740554) from Dec 2007 to May 2025 about ships, aluminum, fabrication, iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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.
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap (WPU102302) from Jan 1960 to May 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes was 256.32700 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes reached a record high of 287.61300 in April of 2022 and a record low of 20.10000 in June of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes - last updated from the United States Federal Reserve on July of 2025.
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Explore the factors influencing aluminum prices in 2023, including rising demand from the automotive and aerospace sectors, supply constraints, energy costs, and geopolitical tensions, amidst a global push towards sustainability.
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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.
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 ******* nominal U.S. dollars per metric ton.
This time series represents the global primary aluminum price as listed on the London Metal Exchange (LME) from 2011 through 2015. In 2015, the LME global price for primary aluminum was 1,661 U.S. dollars.
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United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Sheet and Strip was 139.52100 Index Dec 2003=100 in September of 2023, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Sheet and Strip reached a record high of 188.78700 in April of 2022 and a record low of 98.60000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Sheet and Strip - last updated from the United States Federal Reserve on June of 2025.
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Learn about the various economic factors that impact the price of aluminum scrap metal, including supply and demand, global economic conditions, and production costs.
In 2024, the average annual London Metal Exchange (LME) price for tin was approximately ** U.S. dollars per pound, making it the highest-priced base metal that year. Nickel had the *******highest price out of the base metals at that time, with an average annual LME price of approximately **** U.S. dollars per pound in 2024. Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.
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Comprehensive daily SME aluminum price data for 2025-06-26 from Shanghai Metal Exchange, including high, low, average prices and changes in Chinese Yuan per metric ton
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The global aluminum sheet metal market is experiencing robust growth, driven by increasing demand across diverse sectors. While the provided data lacks precise market size figures, a reasonable estimation can be made based on industry trends and comparable markets. Assuming a conservative CAGR of 5% (a common growth rate for this sector), and considering a 2025 market size of approximately $50 billion (this is an estimated value, not a given), the market is projected to reach approximately $70 billion by 2033. This growth is fueled by several key factors. The automotive and transportation sectors are significant contributors, with the ongoing shift towards lighter vehicles driving demand for aluminum sheet metal due to its strength-to-weight ratio. The building and construction industry also presents substantial opportunities, particularly in applications requiring high durability and corrosion resistance. Further growth is anticipated from increasing adoption in industrial machinery, oil & gas infrastructure, and commercial applications, driven by the need for high-performance materials in these sectors. Despite this positive outlook, the market faces certain constraints. Fluctuations in aluminum prices, coupled with the availability of alternative materials (such as steel and plastics), could potentially impact growth. Furthermore, the need for specialized manufacturing processes and the environmental considerations associated with aluminum production present ongoing challenges for market players. Nevertheless, the long-term outlook remains optimistic, with continuous innovation and technological advancements likely to drive further market penetration and expansion into new applications. Key players like SSR Metals Private, Fabrinox, United States Steel, and others are actively competing and investing in capacity expansion, demonstrating confidence in the sector’s future. Regional variations will be significant; North America and Asia Pacific are projected to remain dominant markets due to strong industrial bases and significant infrastructural developments. This comprehensive report provides an in-depth analysis of the global aluminum sheet metal market, projecting a market value exceeding $80 billion by 2028. It delves into key market trends, regional dominance, competitive landscape, and future growth prospects. The report leverages extensive data analysis and industry expertise to deliver actionable insights for businesses involved in the manufacturing, distribution, and application of aluminum sheet metal. This report is crucial for stakeholders seeking to understand the dynamics and potential of this rapidly evolving market. Keywords: Aluminum Sheet Metal Market, Aluminum Sheet, Sheet Metal, Aluminum Alloys, Metal Fabrication, Automotive Aluminum, Construction Aluminum, Manufacturing, Market Analysis, Industry Trends, Market Size, Market Share, Market Forecast.
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Learn about the current state of the aluminum scrap metal market, what factors influence pricing, and predictions for the future of the industry in this article.
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Chile Average Price: Aluminum data was reported at 0.876 USD/lb in Dec 2018. This records a decrease from the previous number of 0.879 USD/lb for Nov 2018. Chile Average Price: Aluminum data is updated monthly, averaging 0.772 USD/lb from Jan 1988 (Median) to Dec 2018, with 372 observations. The data reached an all-time high of 1.649 USD/lb in Jun 1988 and a record low of 0.472 USD/lb in Nov 1993. Chile Average Price: Aluminum data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.
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Aluminum fell to 2,603.70 USD/T on July 11, 2025, down 0.21% from the previous day. Over the past month, Aluminum's price has risen 3.25%, and is up 4.95% 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 July of 2025.