Aluminum fell to 2,591.50 USD/T on June 27, 2025, down 0.03% from the previous day. Over the past month, Aluminum's price has risen 4.90%, and is up 2.65% 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.

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.

Learn about the average price of cast aluminum per pound, which varies depending on market demand, supply, and condition of the metal. Discover factors that affect the price, such as location, purity levels, and transportation costs. Find out why cast aluminum is typically more expensive than other types of aluminum scrap due to its higher quality and purity.

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 how the price of billet aluminum can vary based on market demand, alloy type, and billet size. Discover the range of prices and factors to consider before making a purchase.

The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.

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.

Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to May 2025 about aluminum, World, and price.

Explore the complexities of LME aluminum pricing, including the conversion process from metric tons to pounds, factors influencing prices, and recent trends. Learn how supply and demand dynamics, geopolitical events, and economic conditions impact the global aluminum market.

Learn about the factors that influence the price of pure aluminum per pound, including market demand, level of purity, and the supplier. Find out how to get a fair and trustworthy price for your aluminum.

Learn about the factors that impact the cost of aluminum scrap per pound, including market demand, purity, and location. Find out the national average price as of September 2021 and how to get the best prices for your scrap aluminum.

Learn about the factors that influence the price of aluminum per pound, including supply and demand, geopolitical issues, and disruptions to the supply chain. Discover why aluminum continues to be an essential material for many industries, despite fluctuations in price.

Explore how global economic factors like supply chain disruptions, energy costs, and geopolitical tensions influence aluminum prices. Learn about current trends, demand dynamics, and the role of recycling in determining the market value of aluminum.

Graph and download economic data for Wholesale Price of Aluminum for New York (M0479AUS000NYM267NNBR) from Jan 1913 to Sep 1934 about aluminum, wholesale, NY, price, and USA.

Find out how scrap metal aluminum price per pound is determined and how you can get the most money for your scrap aluminum. Learn about factors that affect the current price and the different types of aluminum that hold varying worth in the recycling market.

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.

The LME Aluminum price per lb is a key index for the industry, providing insight into global market conditions and a starting point for analysis. Learn more about the factors that influence the benchmark price and its role in business decisions.

This statistic represents the global aluminum consumption forecast from 2021 to 2029, at a compound annual growth rate of *** percent. In 2021, global aluminum consumption is projected to amount to some **** 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 ** 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 *** billion U.S. dollars. This market is expected to reach approximately *** 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 ** U.S. cents in 2018, down from ** 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 ** million metric tons, up from *** million metric tons in 2014. Nonetheless, not all aluminum waste is recycled. In North America, only ** percent of total aluminum waste was recycled between 2015 and 2017.

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.

The apparent consumption of aluminum in the United States totaled 4.3 million metric tons in 2024, an increase from the previous year, when the amount was 4.15 million metric tons. U.S. aluminum consumption Transportation applications accounted for about 36 percent of domestic consumption in 2024, with the remainder being mostly used for packaging, building, and electrical purposes. Composites can be substituted for aluminum in various applications. For example, glass, paper, plastics, and steel can be used instead of aluminum in packaging and composites, while steel, vinyl, and wood can replace aluminum in construction applications. The average spot price of aluminum ingots was 1.30 U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a 25 percent tariff on steel and aluminum imports effective from March 2025. This policy impacts key trading partners, including Canada, Mexico, Japan, South Korea, and the European Union, who were exempt from the 2018 tariffs. The United States imported approximately 4.8 million metric tons of aluminum for consumption in 2024.