The annual producer price index of aluminum scrap in the United States averaged ***** in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of ** percent. The previous year had seen the highest figure recorded since the turn of the century.
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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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Learn about the factors that affect aluminum scrap prices per ton, including demand, quality, and location. Discover the various types of aluminum scrap and their common grades, and find out how recycling scrap aluminum benefits the economy and the environment.
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Get the latest insights on price movement and trend analysis of Aluminium Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Learn about the factors that affect the price of extruded aluminum scrap, including market demand, scrap quality, and the current market price of aluminum. Discover why aluminum recycling is becoming increasingly important, making the extruded aluminum scrap market crucial for the industry.
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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.
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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.
This statistic shows the U.S. Bureau of Labor Statistics' producer price index for aluminum base scrap in the United States from 1990 to 2010. In 2001, the index was *****, compared to 100 in 1982, which was used as the base years.
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Aluminum scrap prices are influenced by supply and demand dynamics, market conditions, trade policies, and global economic factors. This article discusses the various factors that affect aluminum scrap prices, including the demand from manufacturers, the supply of scrap metal, market conditions and trade policies, and global economic factors. It also highlights how aluminum scrap prices are typically quoted and the regional variations in prices. Understanding these factors is important for those involved in
In 2021, over 10 billion U.S. dollars worth of aluminum were recycled from scrap in the United States. This represented an increase of some 67 percent in comparison to the previous year. This growth was mainly associated with a spike in aluminum scrap price in the U.S. that year.
Aluminum Scrap Recycling Market Size 2025-2029
The aluminum scrap recycling market size is forecast to increase by USD 4.38 billion at a CAGR of 10.7% between 2024 and 2029.
The market is experiencing significant growth driven by increasing environmental concerns and the need to reduce energy consumption. The aluminum industry is under pressure to reduce its carbon footprint, making recycling an attractive solution. However, the market faces challenges, including a decrease in the recycling rate of used beverage cans. This trend is due to the proliferation of single-use plastics and the lack of infrastructure for collecting and recycling aluminum scrap effectively. Innovative technologies, such as Laser Induced Breakdown Spectroscopy (LIBS) and solid-state recycling, are revolutionizing the aluminum scrap recycling industry. LIBS enables the precise analysis of aluminum alloys, ensuring the highest quality of recycled material. Solid-state recycling, on the other hand, eliminates the need for melting, reducing energy consumption and emissions. These advancements offer significant opportunities for companies to differentiate themselves and capitalize on the growing demand for sustainable and efficient recycling solutions. To remain competitive, companies must navigate these challenges and seize opportunities. Investing in innovative technologies, expanding collection infrastructure, and collaborating with stakeholders across the value chain can help businesses thrive in this dynamic market. By staying informed of the latest trends and market developments, companies can make informed strategic decisions and effectively navigate the complex landscape of the market.
What will be the Size of the Aluminum Scrap Recycling Market during the forecast period?
Request Free SampleThe market encompasses various applications, including wind turbines, pharmaceutical packaging, and automotive parts, among others. Aluminum alloys, heat sinks, and radiators are prominent in the technology sector, while aluminum cans and food containers are common in the consumer goods industry. Post-consumer scrap, such as aluminum beverage cans and food containers, and pre-consumer scrap, including aluminum turnings, shavings, and dross, are crucial sources for aluminum recycling. Aluminum scrap is also used in producing composite materials, wire, batteries, and solar panels. Market dynamics and trends include increasing demand for lightweight and sustainable materials, advancements in recycling technologies, and growing focus on traceability and certification. Aluminum recycling standards and regulations play a significant role in market growth.
How is this Aluminum Scrap Recycling Industry segmented?
The aluminum scrap recycling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userCastingAutomotiveConstructionPackagingAerospaceElectronicsMachinery/EquipmentTypeOld scrapNew scrapAluminum Foil ScrapAluminum Ingot ScrapAlloy TypeWrought AlloyCasting AlloySpecific Alloy SeriesUnialloysGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazil
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The casting segment is estimated to witness significant growth during the forecast period.The market is significantly driven by the casting segment, which holds the largest market share. In this process, aluminum scrap is utilized to produce aluminum ingots and slabs. The expanding demand for cast aluminum products in sectors like automotive, aerospace, construction, and consumer goods necessitates the use of recycled aluminum in casting procedures. Advanced casting technologies, including enhanced melting and alloying techniques, facilitate the manufacture of superior quality cast aluminum products using recycled aluminum scrap. Furthermore, the heightened focus on sustainability and environmental regulations is compelling manufacturers to integrate recycled aluminum scrap into casting processes, thereby propelling the growth of this segment. Aluminum alloys, such as aluminum billets and aluminum sheets, are essential raw materials in various industries, including automotive aluminum, aluminum extrusion for building and construction, and aluminum can recycling. The recycling process plays a crucial role in the circular economy, reducing the carbon footprint and preserving natural resources. Metal recycling, including aluminum scrap processing, is a vital component of supply chain management and collection networks. Government incentives and recycling partnerships further bolster the recycling infrastructure, which comprises recycling plants, material recovery facilities, and recycling centers. Technological advancements in recycling technologies, such as
In 2021, iron and steel scrap recycled in the U.S. were valued at some 19.5 billion U.S. dollars. Recycled aluminum scrap amounted to some 10 billion dollars that same year.
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Graph and download economic data for Producer Price Index by Industry: Material Recyclers: Aluminum Base Scrap (PCU42993042993022) from Dec 1986 to Nov 2021 about aluminum, materials, PPI, industry, inflation, price index, indexes, price, and USA.
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Learn about the factors that affect the price of aluminum scrap, including the quality, quantity, and market conditions. Find out how pricing systems work and how location, demand, and the price of primary aluminum can affect the value of scrap aluminum.
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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United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap was 355.00200 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap reached a record high of 357.65200 in April of 2022 and a record low of 28.20000 in November of 1962. 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 Base Scrap - last updated from the United States Federal Reserve on July of 2025.
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The global non-ferrous scrap metal market, valued at $120.71 billion in 2025, is projected to experience robust growth over the forecast period (2025-2033). While the precise Compound Annual Growth Rate (CAGR) is not provided, considering the increasing demand driven by the construction, automotive, and electronics industries, a conservative estimate of 5-7% CAGR is reasonable. This growth is fueled by several key factors. Firstly, the rising global population and urbanization are significantly boosting demand for construction materials, leading to increased scrap metal generation. Secondly, the automotive industry's shift towards lightweight vehicles and electric vehicles (EVs) requires greater use of non-ferrous metals, further stimulating scrap metal recycling. Thirdly, stringent environmental regulations promoting sustainable practices are incentivizing recycling and reducing reliance on primary metal extraction. Furthermore, advancements in scrap metal processing technologies are improving efficiency and making recycling more economically viable. However, the market is not without its challenges. Fluctuations in commodity prices, particularly for base metals like copper and aluminum, can impact market profitability. Geopolitical instability and supply chain disruptions can also create volatility. Additionally, the uneven distribution of scrap metal collection infrastructure, particularly in developing economies, presents a significant hurdle to maximizing recycling rates. Nevertheless, the long-term outlook for the non-ferrous scrap metal market remains positive, driven by a confluence of factors pointing toward sustained growth in both consumption and recycling activity. The diverse applications of non-ferrous scrap metals, coupled with growing environmental awareness and technological advancements, ensure the market's continued expansion throughout the forecast period. This report provides a detailed analysis of the global non-ferrous scrap metal market, valued at approximately $80 billion in 2023, projected to reach $105 billion by 2028, driven by robust growth in key sectors. The report encompasses market size, segmentation, key players, trends, and future projections, offering invaluable insights for industry stakeholders. This in-depth study explores the dynamics of copper scrap, aluminum scrap, lead and zinc scrap, nickel scrap, and other non-ferrous metals, across diverse applications. Keywords: non-ferrous scrap metal, copper scrap, aluminum scrap, recycling, metal market, scrap metal prices, secondary metal, sustainable materials, waste management
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Discover the many factors that impact the price of extruded aluminum scrap metal, from market demand and production costs to geopolitical events and economic conditions. Get insights into specific pricing and learn how to stay up-to-date on current market conditions.
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The global aluminum recycling market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.83% from 2025 to 2033. This expansion is driven by several key factors. Increasing environmental concerns and stricter regulations regarding waste management are pushing industries towards sustainable practices, making aluminum recycling a crucial component of circular economy initiatives. Furthermore, the rising demand for aluminum in lightweight automotive components, aerospace applications, and the burgeoning construction sector fuels the need for recycled aluminum, which offers cost and energy efficiency advantages over primary aluminum production. Technological advancements in recycling processes, leading to higher recovery rates and improved material quality, also contribute significantly to market growth. The automotive industry, a major end-user, is experiencing a significant shift towards electric vehicles, which necessitate a greater use of aluminum, further bolstering demand for recycled material. However, fluctuating aluminum prices and the challenges associated with collecting and sorting diverse aluminum scrap streams present some constraints to market growth. The market is segmented by product type (casting alloys, extrusion, sheets, others) and end-user industry (automotive, aerospace & defense, building & construction, electrical & electronics, packaging, others). Geographic growth varies, with regions like Asia-Pacific (particularly China and India) and North America expected to lead due to their robust manufacturing sectors and supportive government policies. The competitive landscape is marked by a mix of large multinational corporations and specialized recycling companies, each leveraging its strengths in different segments and regions. Leading players like Alcoa, Novelis, and Norsk Hydro are investing heavily in advanced recycling technologies and expanding their global footprint. However, smaller, regional players also play a critical role, focusing on niche markets or specific geographical areas. The future growth of the aluminum recycling market hinges on continued advancements in recycling technology, strengthened regulatory frameworks promoting sustainability, and the sustained growth of end-user industries, especially those focusing on lightweighting and sustainable solutions. This positive outlook suggests substantial opportunities for industry players who can adapt to evolving market trends and capitalize on the increasing global demand for recycled aluminum. Recent developments include: In January 2024, Novelis Inc. signed a new contract with Ardagh Metal Packaging USA Corp., a global supplier of sustainable aluminum beverage packaging solutions. Under the contract, Novelis will supply aluminum beverage packaging sheets to Ardagh's metal production facilities in North America., In September 2023, Stena Metall AB has acquired Pyreco S.r.l, an Italian aluminum recycling company. Pyreco S.r.l has a 12,000-square-meter facility equipped with six advanced production lines. The acquisition complements Stena Recycling’s capabilities in Italy.. Key drivers for this market are: Growing Utilization of Recycled Aluminum in the Construction Industry, Growing Demand for Recycled Aluminum from the Automotive Industry. Potential restraints include: Growing Utilization of Recycled Aluminum in the Construction Industry, Growing Demand for Recycled Aluminum from the Automotive Industry. Notable trends are: Increasing Demand from the Building and Construction Industry.
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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...
The annual producer price index of aluminum scrap in the United States averaged ***** in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of ** percent. The previous year had seen the highest figure recorded since the turn of the century.