Aluminum rose to 2,781.20 USD/T on October 21, 2025, up 0.27% from the previous day. Over the past month, Aluminum's price has risen 4.94%, and is up 5.39% 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 October of 2025.

In 2024, the average price for aluminum stood at 2,419 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

Explore the factors influencing aluminum prices per kilogram, including market demand, production costs, and global economic conditions. Understand how electric vehicle production, aerospace manufacturing, energy costs, exchange rates, and geopolitical factors affect aluminum pricing. Learn how stakeholders track price movements through commodity exchanges and specialized reports to make informed decisions.

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.

Learn about the historical, current, and potential future prices of aluminum per kilogram, and the various factors that affect the price of this lightweight and corrosion-resistant non-ferrous metal.

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

Explore the fluctuating prices of 7075 aluminum, influenced by factors such as market demand, production costs, and global trade policies. Known for its high strength-to-weight ratio, 7075 aluminum is crucial in industries like aerospace and automotive. Learn about the elements affecting its price and the importance of considering form factor, regional differences, and purchasing strategies like futures contracts.

Learn about the various factors that can affect the cost of aluminum per kilogram, including global supply and demand, production costs, market fluctuations, and geopolitical events. Discover the unique physical properties of aluminum, its versatile industrial applications, and the mining, refining, and processing involved in its production. Understand how global market trends and political events can impact the cost of aluminum, and how it may fluctuate over time.

At the end of fiscal year 2024, the Wholesale Price Index of aluminum across India was 136. This meant an increase in the WPI of about 42 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

South Korea Aluminium data was reported at 2,480.500 USD/Ton in 15 May 2025. This records a decrease from the previous number of 2,530.000 USD/Ton for 14 May 2025. South Korea Aluminium data is updated daily, averaging 2,448.500 USD/Ton from Jul 2021 (Median) to 15 May 2025, with 971 observations. The data reached an all-time high of 3,984.500 USD/Ton in 07 Mar 2022 and a record low of 2,068.500 USD/Ton in 21 Aug 2023. South Korea Aluminium data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P: Raw Material Prices.

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.

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.

Discover the factors affecting aluminum alloy prices, from alloy types and market demand to global economic conditions and technological advancements. Learn how supply chain dynamics, sustainability practices, and recycling impact pricing, with current rates ranging from $2 to $5 per kg depending on the series and geopolitical influences.

Explore the factors affecting Aluminum 6061 pricing, including market demand, supplier conditions, and bulk purchasing benefits. This popular alloy offers excellent properties for construction, automotive, aerospace, and marine uses, but prices can range from $3 to $5 per kg. Learn about the influence of temper designation on cost and how to secure the best rates from suppliers.

Explore the factors influencing the price of Aluminum 7075 per kg, a high-strength aerospace alloy used in various industries. Learn about the impact of market demand, raw material costs, geopolitical factors, economic conditions, and technological advancements on its pricing. Stay updated with current market conditions for accurate pricing insights.

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...

Explore the factors influencing the dynamic pricing of aluminium alloy 6061, including market demand, raw material availability, geopolitical influences, and technological advancements. Understand how these elements impact cost per kilogram and the long-term trends and expectations in the metals commodity market.

Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data was reported at 150.000 INR/kg in Nov 2008. This stayed constant from the previous number of 150.000 INR/kg for Oct 2008. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data is updated monthly, averaging 148.000 INR/kg from Jan 2005 (Median) to Nov 2008, with 19 observations. The data reached an all-time high of 150.000 INR/kg in Nov 2008 and a record low of 120.000 INR/kg in Jan 2005. Retail Price: DOAC: Kettle: Aluminium: Madhya Pradesh: Sehore data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PC194: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).

In 2022, the market price of rare earth element dysprosium averaged 390 U.S. dollars per kilogram. Neodymium, another rare earth material, averaged *** U.S. dollars per kilogram that year. Base metals such as nickel, zinc, and aluminum had a much lower price, ranging from ***** to ** U.S. dollars per kilogram. Critical materials are resources used in technology which are considered to be subjected to supply risks.

Explore the factors influencing aluminium prices, a crucial component in various industries like automotive and construction. Understand the impact of global demand, supply, and market trends on aluminium costs, with insights into how the London Metal Exchange benchmarks these prices.

Retail Price: DOAC: Kettle: Aluminium: West Bengal: Asansol data was reported at 200.000 INR/kg in Aug 2010. This stayed constant from the previous number of 200.000 INR/kg for Jul 2010. Retail Price: DOAC: Kettle: Aluminium: West Bengal: Asansol data is updated monthly, averaging 180.000 INR/kg from Nov 2007 (Median) to Aug 2010, with 25 observations. The data reached an all-time high of 200.000 INR/kg in Aug 2010 and a record low of 180.000 INR/kg in Mar 2010. Retail Price: DOAC: Kettle: Aluminium: West Bengal: Asansol data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PB151: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Kettle: Aluminium (Discontinued).