Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% 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 December 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 Sep 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.

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.

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.

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 December of 2025.

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Aluminum Scrap Recycling Market Size 2025-2029

The aluminum scrap recycling market size is valued to increase USD 4.38 billion, at a CAGR of 10.7% from 2024 to 2029. Growing concerns over energy consumption and environmental pollution will drive the aluminum scrap recycling market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 60% growth during the forecast period.
By End-user - Casting segment was valued at USD 2.82 billion in 2023
By Type - Old scrap segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 153.04 million
Market Future Opportunities: USD 4379.40 million
CAGR from 2024 to 2029 : 10.7%

Market Summary

Amidst escalating environmental concerns and the increasing demand for sustainable practices, the market assumes a pivotal role in reducing energy consumption and minimizing pollution. The market's significance is underscored by the fact that recycling aluminum uses 95% less energy than producing new aluminum from raw materials. However, challenges persist, such as the decline in the recycling rate of used beverage cans, which currently hovers around 65%. Innovative advancements in technology are addressing these challenges. The introduction of Laser Induced Breakdown Spectroscopy (LIBS) and solid-state recycling techniques has revolutionized the aluminum scrap recycling process, ensuring higher purity levels and increased efficiency. These technological advancements enable the industry to process a broader range of aluminum scrap, including post-consumer scrap and industrial scrap, thereby expanding the market's scope. The market is expected to reach a value of USD50 billion by 2025, according to industry reports. This growth can be attributed to the increasing demand for recycled aluminum in various industries, including automotive, construction, packaging, and aerospace. The market's expansion is further fueled by the growing emphasis on circular economy principles and the implementation of stringent regulations aimed at reducing waste and promoting sustainable practices. In conclusion, the market plays a crucial role in addressing environmental concerns, conserving energy, and reducing waste. The integration of advanced technologies and the expanding demand for recycled aluminum are driving the market's growth, positioning it as a key contributor to the global circular economy.

What will be the Size of the Aluminum Scrap Recycling Market during the forecast period?

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How is the Aluminum Scrap Recycling Market 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 AmericaBrazilRest of World (ROW)

By End-user Insights

The casting segment is estimated to witness significant growth during the forecast period.

The market is characterized by its dynamic nature, with ongoing activities and evolving patterns shaping the industry. The casting segment dominates the market, accounting for approximately 70% of the global aluminum scrap recycling, primarily due to its role in producing aluminum ingots and slabs for industries like automotive, aerospace, construction, and consumer goods. Advancements in casting technologies, such as remelting furnace technology and alloying techniques, enable the production of high-purity aluminum using recycled scrap. This, coupled with the environmental benefits of reducing carbon footprint and waste, makes recycled aluminum a preferred choice for manufacturers. The market is further influenced by supply chain optimization, recycling facility design, and recycling cost analysis, which aim to improve recycling yield and reduce labor costs. The magnetic separation process and eddy current separation are crucial in scrap metal sorting, ensuring the recovery of aluminum alloys and minimizing contamination. Market price fluctuation is influenced by factors like scrap metal pricing, recycling plant automation, and safety protocols procedures. The circular economy principles of waste reduction strategies and energy efficiency metrics are also driving the market, with recycling facilities implementing process optimization techniques to enhance metal recycling efficiency and product quality assurance. A single recycling facility can process over 100,000 tons of 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...

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 November of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Used Beverage Can Scrap (WPU10230205) from Dec 1986 to Sep 2025 about used, aluminum, beverages, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

According to Cognitive Market Research, the global Aluminum Scrap Recycling market size was 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 sou...

United States - Producer Price Index by Commodity: Metals and Metal Products: Solids and Clippings, New Aluminum Base Scrap was 277.42300 Index Dec 1986=100 in November of 2021, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Solids and Clippings, New Aluminum Base Scrap reached a record high of 306.60000 in August of 2021 and a record low of 96.60000 in November of 1993. 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: Solids and Clippings, New Aluminum Base Scrap - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Industry: Material Recyclers: 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 Industry: Material Recyclers: 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 Industry: Material Recyclers: Other Old Aluminum Base Scrap - last updated from the United States Federal Reserve on November of 2025.

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South America Aluminium Scrap market size is USD 407.61 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

Stock Price Time Series for Befesa SA. Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets. It operates in two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel; sells waelz oxide to zinc smelters; and treats crude steel dust. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminum producers; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminum dross, shavings, cuttings, and aluminum concentrates; and produces secondary aluminum alloys for automotive and construction industries. The company also provides logistics, and waelz oxide and aluminum waste treatment services, as well as develops projects and technology. Befesa S.A. was founded in 1987 and is based in Luxembourg City, Luxembourg.

Price-Earnings-Ratio Time Series for Shandong Nanshan Aluminium Co Ltd. Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide. The company offers upstream products, such as electric power, alumina, and aluminum alloy ingots; downstream products, including aluminum plates and strips, aviation plates, and can materials; health consulting services; aluminum profiles; aluminum foils and sheets; and new alloy products. It also engages in the processing and refining of bauxite; aluminum alloy hot rolled coils and metallurgical grade alumina; the sale of non-ferrous metal alloys, deep-processed products, textiles, clothing, furniture, building materials, and chemical products; and laboratory testing of materials and their products. Further, it engages in the research and development, production, and sales of aviation and aerospace parts; sale of functional materials; research, design, preparation, heat treatment, simulation analysis, industrial design, and technical services of light alloy materials; offers engineering management and human resource management services; research and development of high-tech projects; transfer of achievements; recycling of productive scrap metals; and metal scrap and scrap processing. The company's products are used in aviation, automotive, rail transit, shipbuilding, energy, petrochemicals, containers, industrial profiles, high-quality civilian profiles, high-end system doors and windows, container cans, food packaging, battery foil, and aluminum deep processing fields. The company was formerly known as Shandong Nanshan Industrial Co., Ltd. and changed its name to Shandong Nanshan Aluminium Co.,Ltd. in March 2006. The company was incorporated in 1993 and is headquartered in Longkou, China.

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.