Aluminum rose to 2,615.75 USD/T on August 8, 2025, up 0.26% from the previous day. Over the past month, Aluminum's price has risen 0.41%, and is up 13.65% 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 August of 2025.

In June 2023, the price of aluminum was $1,509 per ton (CIF, Qatar), experiencing a decline of 20.7% compared to the previous month.

On April 7, 2022, aluminum prices on the London Metal Exchange dropped to under ***** U.S. dollars per metric ton, down by around ** U.S. dollars compared to April 6 prices. The aluminum price had started to significantly hike up on February 24, as Russia invaded Ukraine, and G7 countries committed to economical sanctions on the invading country. Russia is the third country with the largest smelter production of aluminum , and the sixth exporter worldwide of the metal.

Explore the latest statistics on aluminium bar imports to Germany, including prices, major suppliers and trends from January 2022 to November 2022. Read our expert analysis.

Why did the Aluminium Ingot Price Change in July 2025? The Aluminium Ingot Price Index in North America for Q2 2025 declined by about 18% compared to Q1. This drop reflected a combination of oversupply and waning demand across key sectors.

Goldman Sachs revises aluminium price forecast amid economic concerns, expecting a drop followed by a rebound by December 2025 due to tariff impacts on major economies.

Get the latest insights on price movement and trend analysis of Aluminium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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.

Daily updated dataset showing Hindalco aluminium price movements including upgrade, down, and stable statuses with historical tracking in HTML table format.

The price of Aluminum Insulated Wire in June 2023 was $4,436 per ton (CIF, US), showing a decrease of -2.4% compared to the previous month.

According to Cognitive Market Research, The Global Aluminium Billets market size is USD 16.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030.

Growing construction projects in emerging economies drive demand for lightweight and corrosion-resistant aluminum billets, stimulating market growth.
Aluminum's recyclability and sustainability drive increased demand for aluminum billets, benefiting companies that embrace recycled materials.
Small-diameter billets are the fastest-growing segment in the Aluminium Billets market, catering to precision manufacturing in industries like electronics and automotive.
Asia Pacific will continue to lead, whereas the North American Aluminium Billets market will experience the strongest growth until 2030.

Construction Boom Drives Aluminium Billets Demand

Increasing construction and infrastructure projects, especially in emerging economies, drive the demand for aluminum billets. This is due to the lightweight, corrosion-resistant, and malleable nature of aluminum, making it a preferred choice for architectural and structural applications. The rise in construction projects boosts the consumption of aluminum billets, stimulating market growth. It leads to higher production volumes, increased sales, and expansion opportunities for aluminum billet manufacturers, positively impacting their market position.

Recyclability and Sustainability Boost Aluminium Billets Market

Aluminum is highly recyclable, and its production from recycled materials consumes significantly less energy compared to primary production. Sustainability considerations drive the adoption of aluminum billets in various applications. The sustainability factor appeals to environmentally conscious industries and consumers, increasing the demand for aluminum billets. Companies incorporating recycled aluminum billets in their products gain a competitive edge, propelling market growth and encouraging sustainable practices in the aluminum industry.

Market Dynamics of the Aluminium Billets

Supply Chain Disruptions Impact Aluminium Billets Market

The Aluminium Billets market faces the restraint of supply chain disruptions, which have been triggered by external factors such as geopolitical tensions, trade restrictions, and logistics challenges. These disruptions have a cascading effect on the production and availability of aluminum billets, causing delays and fluctuations in the market. Manufacturers may need help in securing a steady supply of raw materials, affecting their production capabilities and potentially leading to increased production costs.

Impact of COVID–19 on the Aluminium Billets Market

The COVID-19 pandemic significantly impacted the Aluminium Billets market. Supply chain disruptions, driven by lockdowns and restrictions, disrupted the global availability of aluminum billets, essential raw materials for various industries. Many key end-use sectors, including construction, automotive, and aerospace, witnessed reduced demand, causing a ripple effect on aluminum billet orders. This demand drop resulted in price volatility for aluminum billets, affecting both manufacturers and end-users. Operating amid pandemic-induced challenges, manufacturers faced the dual task of ensuring workforce safety and maintaining production continuity. To counter the economic uncertainties, companies turned to cost-efficiency measures, impacting production and the overall demand for aluminum billets in a market marked by pandemic-induced fluctuations. Introduction of The Aluminum Billets Market

Increasing construction and infrastructure projects, especially in emerging economies, boost the demand for aluminum billets due to aluminum's lightweight and corrosion-resistant properties. This heightened demand stimulates market growth, leading to higher production and sales volumes, positively impacting aluminum billet manufacturers' market position. Aluminum's recyclability and lower energy consumption in recycled material production make it an environmentally conscious choice. The demand for aluminum billets is rising as sustainability becomes a priority for industries and consumers. Companies embracing recycled aluminum billets in their products gain a competitive edge, fostering market growth and promoting sustainability in the aluminum industry.

These developments empower businesses to offer bet...

In April 2023, the Aluminium Alloy Wire price was $4,471 per ton (FOB, China), a decrease of -2.6% month-on-month.

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...

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.

Why did the Aluminium Wire (Copper Cladded) Price Change in May 2025? The Aluminium Wire (Copper Cladded) Price Index declined in the Asia Pacific region during Q1 2025, with FOB Shanghai prices closing at USD 6,613/MT, down 0.7% compared to the previous quarter.

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.

According to Cognitive Market Research, the global Aluminium Flat Rolled Products market size is USD 41251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% 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 16500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 12375.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 9487.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 2062.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% 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 825.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Sheet Product Form held the highest Aluminium Flat Rolled Products market revenue share in 2024.

Market Dynamics of Aluminium Flat Rolled Products Market

Key Drivers for Aluminium Flat Rolled Products Market

Increasing Demand from Automotive Industry to Increase the Demand Globally

Increasing demand from the automotive industry is a key driver for the aluminium flat rolled products market due to the industry's shift towards lightweight materials to enhance fuel efficiency and reduce emissions. Aluminium's high strength-to-weight ratio makes it an ideal substitute for steel in vehicle manufacturing, contributing to significant weight reduction without compromising safety or performance. This demand is further amplified by stringent environmental regulations pushing for lower CO2 emissions and higher fuel efficiency standards. Additionally, the rise of electric vehicles (EVs) increases the need for lightweight materials to maximize battery efficiency and driving range. As automakers continuously innovate and adopt advanced manufacturing technologies, the use of aluminium flat rolled products in body panels, chassis, and other components is expanding, driving market growth.

Rising Construction Activities to Propel Market Growth

Rising construction activities are driving the aluminium flat rolled products market due to aluminium's favorable properties, such as durability, lightweight, and corrosion resistance. These characteristics make aluminium an ideal material for a wide range of construction applications, including roofing, cladding, windows, doors, and structural components. The global trend towards sustainable and energy-efficient buildings further boosts demand, as aluminium contributes to better insulation and energy savings. Urbanization and infrastructure development, particularly in emerging economies, require substantial use of construction materials. Additionally, aluminium's recyclability aligns with green building practices, appealing to environmentally conscious projects. The combination of these factors results in increased utilization of aluminium flat rolled products in both residential and commercial construction, driving market growth.

Restraint Factor for the Aluminium Flat Rolled Products Market

Volatility in Raw Material Prices to Limit the Sales

High initial costs are a significant restraint on the aluminium flat rolled products market primarily due to the capital-intensive nature of aluminium production and processing. The costs involved in setting up manufacturing facilities, acquiring advanced technology, and complying with environmental regulations can be prohibitive for new entrants and smaller players. Moreover, fluctuations in raw material prices and energy costs add to the financial burden. High initial investments required for infrastructure and equipment upgrades also pose challenges for existing manufacturers aiming to expand or modernize operations. These cost barriers limit market entry and expansion, impacting the overall growth potential of the aluminium flat rolled products market despite the material's favorable properties and increasing demand across various industries.

Impact of Covid-19 on the Aluminium Flat Rolled Products Market

The Covid-19 pandemic...

Transaction Price: Aluminum: AOO: Fuzhou data was reported at 14,300.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 14,400.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Fuzhou data is updated monthly, averaging 14,500.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 164 observations. The data reached an all-time high of 25,500.000 RMB/Ton in Mar 2004 and a record low of 10,200.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Fuzhou data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Aluminum Price.

In June 2023, the price of Aluminium Pipe Fittings was $7,795 per ton (FOB, Italy), representing a 13% decrease compared to the previous month.

This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through June 2025. In June 2025, the average monthly price for aluminum stood at ******** nominal U.S. dollars per metric ton.