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.

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.

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).

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.

Learn about the historical fluctuations in scrap aluminum prices and the factors that influence them. Discover how the COVID-19 pandemic and US-China trade war impacted prices and the expected future trends. Also, find out how recycling can benefit the environment and economy in aluminum production.

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.

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.

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.

Graph and download economic data for Producer Price Index by Industry: Material Recyclers: Other Old Aluminum Base Scrap (PCU429930429930224) from Dec 1986 to Apr 2023 about aluminum, materials, PPI, industry, inflation, price index, indexes, price, and USA.

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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

By End-user Insights

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

United States - Producer Price Index by Commodity: Metals and Metal Products: Other Old Aluminum Base Scrap was 191.88700 Index Dec 1986=100 in April of 2023, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Other Old Aluminum Base Scrap reached a record high of 233.90000 in June of 2008 and a record low of 94.50000 in June of 2020. 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: Other Old Aluminum Base Scrap - last updated from the United States Federal Reserve on July of 2025.

Learn about the current factors affecting aluminum scrap prices, including supply and demand, availability, types and quality of scrap, and regional variations. Stay informed about market trends to make informed decisions about buying and selling scrap aluminum.

According to Cognitive Market Research, the global Aluminium Scrap market size is USD 8152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 3260.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2445.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1875.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 407.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 163.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Aluminium held the highest Aluminium Scrap market revenue share in 2024.

Market Dynamics of Aluminium Scrap Market

Key Drivers of Aluminium Scrap Market

Rising Primary Aluminium Prices to Increase the Demand Globally

The price fluctuation of raw aluminum greatly impacts the demand for aluminum scrap. The demand for aluminum scrap increases because companies look for more affordable options when basic aluminum prices rise. This change happens because it becomes more cost-effective to employ scrap aluminum in manufacturing operations rather than paying more for primary aluminum. As a result, industries are increasingly using aluminum waste as a replacement material to save costs without sacrificing production efficiency. As a result, changes in primary aluminum pricing significantly impact market dynamics, with increased prices frequently resulting in an increase in the demand for aluminum scrap across various industrial sectors.

Growing Demand for Aluminum to Propel Market Growth

The need for aluminum scrap is rising due to the growing demand for aluminum in various industries, including packaging, construction, and transportation. The need for scrap aluminum increases with industries' continued reliance on aluminum due to its lightweight, strong, and recyclable qualities to meet production demands. Since aluminum is a necessary component of many manufacturing processes, there is a direct relationship between the demand for aluminum goods and the demand for aluminum scrap. This pattern emphasizes how crucial aluminum scrap is to maintaining production cycles and satisfying the growing need for aluminum across various industrial applications.

Restraint Factors of Aluminium Scrap Market

Strict Quality Requirements to Limit the Sales

Strict quality standards present a major obstacle in the market for aluminum scrap. Every application has unique requirements for quality, and not meeting these requirements can lead to rejection and financial losses for processors and collectors alike. Proper sorting and minimal contamination are essential to guarantee that scrap satisfies the requirements for usage in manufacturing processes. It is imperative to allocate resources toward sophisticated sorting technology and enforce stringent quality control methods to minimize the likelihood of rejection and preserve the integrity of the aluminum scrap supply chain. Strict adherence to quality standards protects against monetary losses and builds industry confidence and dependability, ensuring aluminum scrap's continued viability as a valuable resource.

Ultimately, as the industry seeks equilibrium between scientific innovation and practical utility, the challenge posed by limited stability becomes a catalyst for refinement, prompting the Aluminium Scrap market to navigate the delicate balance between the inherent characteristics of these compounds and the demands of robust sales and accessibility.

Impact of COVID-19 on the Aluminium Scrap Market

The COVID-19 outbreak has significantly impacted the market for aluminum scrap. Global supply chain disruptions, a decline in production, and varying demand have presented the sector with formidable obstacles. Movement restrictions and lockdown measures made collecting and processing scrap more difficult, affecting the supply of raw mate...

Aluminium Scrap Market size was valued at USD 28,850 Million in 2023 and is projected to reach USD 33,980 Million by 2031, growing at a CAGR of 2.4% during the forecast period 2024-2031.

Global Aluminium Scrap Market Drivers

The market for Aluminium Scrap is influenced by various drivers, which can significantly impact demand, supply, and pricing trends. Here are some key market drivers for the Aluminium Scrap Market:

Demand from End-Use Industries: The recycling industry is driven by demand from various sectors, including automotive, construction, packaging, and electronics. Increased production in these industries can lead to greater demand for aluminium scrap. Increasing Focus on Sustainability: There is a growing emphasis on sustainable manufacturing practices and circular economies. Many companies are looking to reduce their carbon footprints, which drives the demand for recycled materials, including aluminium scrap.

Global Aluminium Scrap Market Restraints

The aluminum scrap market, while experiencing growth due to increasing recycling efforts and demand for sustainable materials, faces several market restraints that can impact its development. Here are some key restraints:

Regulatory Challenges: Stringent environmental regulations and waste management laws can complicate the collection, processing, and recycling of aluminum scrap. Compliance with these regulations can increase operational costs for scrap processors. Quality Control Issues: The quality of aluminum scrap can vary significantly. Impurities or a mix of different aluminum alloys can reduce the value of the scrap and complicate the recycling process, leading to financial losses for recyclers.

Learn about the various factors that can influence US aluminum scrap prices, including global supply and demand, recycling trends, and trade tensions with China, as well as the current state of the US recycling industry. Discover how these factors impact scrap aluminum prices and how they are likely to fluctuate in the future.

United States - Producer Price Index by Commodity: Metals and Metal Products: Used Beverage Can Scrap was 278.31100 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Used Beverage Can Scrap reached a record high of 332.21100 in March of 2022 and a record low of 99.50000 in October of 1991. 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: Used Beverage Can Scrap - last updated from the United States Federal Reserve on July of 2025.

The global recycled aluminum market is experiencing robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.6% from 2019 to 2033. In 2025, the market size is estimated at $99,950 million. This significant expansion is driven by several key factors. Increasing environmental concerns and stringent regulations promoting sustainable practices are pushing manufacturers towards greater utilization of recycled aluminum. The lightweight nature of aluminum and its excellent recyclability make it a highly attractive material for various applications, particularly in the transportation (automobiles, aerospace), packaging (cans, foils), and construction (windows, facades) industries. Furthermore, the growing electronics sector contributes to the rising demand for recycled aluminum as a source of valuable raw materials. The market's segmentation reflects this diverse application landscape, with aluminum ingots, flat-rolled products, and other forms catering to these specific industry needs. Key players like Novelis, Norsk Hydro, and Constellium are driving innovation and expanding their recycling capacities to meet the growing demand. Regional variations exist, with North America, Europe, and Asia Pacific expected to remain the major market contributors due to established recycling infrastructure and significant industrial activity in these regions. The continued growth in the recycled aluminum market is projected to be influenced by technological advancements improving recycling efficiency and the development of new applications for recycled aluminum alloys. Furthermore, increasing consumer awareness of environmental sustainability and corporate social responsibility initiatives are expected to further fuel demand. However, the market may face challenges related to fluctuations in aluminum prices, inconsistent scrap quality, and the need for further investment in recycling infrastructure, particularly in developing economies. The forecast period from 2025 to 2033 presents significant opportunities for companies involved in aluminum recycling, with substantial growth potential across diverse geographical regions and applications. The competitive landscape will likely see increased consolidation and innovation as companies strive to optimize their operations and capture market share within this rapidly expanding sector. This comprehensive report provides an in-depth analysis of the global recycled aluminum market, valued at approximately $60 billion in 2023. It delves into market dynamics, key players, and future projections, offering crucial insights for businesses and investors. The report leverages extensive data analysis and industry expertise to forecast robust growth, driven by sustainability initiatives and increasing demand across diverse sectors. High-search-volume keywords like "recycled aluminum market size," "aluminum scrap recycling," "aluminum ingot recycling," and "sustainable aluminum production" are strategically integrated throughout.

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

United States - Producer Price Index by Commodity: Metals and Metal Products: Borings, Turnings, and Other New Aluminum Base Scrap was 159.30000 Index Dec 1986=100 in October of 2018, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Borings, Turnings, and Other New Aluminum Base Scrap reached a record high of 342.80000 in April of 2008 and a record low of 100.00000 in December of 1986. 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: Borings, Turnings, and Other New Aluminum Base Scrap - last updated from the United States Federal Reserve on June of 2025.

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.