The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.
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The price of aluminum scrap in the USA reached 1786 USD/MT by December of 2023, the fourth quarter. Similarly, China's market prices stood at 2823 USD/MT in December. In Q4 of 2023, aluminum scrap price trends in Germany also reached 1669 USD/MT.
Product
| Category | Region | Price |
---|---|---|---|
Aluminium Scrap | Metals | USA | 1786 USD/MT |
Aluminium Scrap | Metals | China | 2823 USD/MT |
Aluminium Scrap | Metals | Germany | 1669 USD/MT |
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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.
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Learn about the factors that influence the price of aluminum scrap, including market demand, scrap quality, and current market conditions. Understand how the demand for aluminum products, the cleanliness of the scrap, and market fluctuations impact the price. Find out how to get an accurate price quote from local scrap dealers or recycling centers.
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Learn about the current factors that affect the price of aluminum scrap including demand, supply, market trends, quality, and recycling efforts. Find out how exchange rates and global events also influence pricing and understand the various types of aluminum scrap and their values.
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Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, 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 March 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.
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Learn about the constantly changing prices of copper and aluminum scrap and the factors that impact them, including market demand, supply, and international trade policies. Understand the value of different types of scrap metal for those in the recycling industry and those selling for profit.
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Learn about the factors that affect the price of aluminum scrap and how to stay informed on market conditions in order to make informed decisions and negotiate fair prices. Average prices in the United States and the impact of the COVID-19 pandemic are also discussed.
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United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap was 314.15400 Index 1982=100 in March of 2022, 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 318.20000 in April of 2008 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 March of 2025.
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United States Non-Ferrous Scrap Recycling Market size was valued at USD 21491.42 Million in 2024 and is projected to reach USD 34776.03 Million by 2031, growing at a CAGR of 6.84% from 2024 to 2031.
Global United States Non-Ferrous Scrap Recycling Market Drivers
Environmental Awareness: Increasing concern about environmental sustainability drives the demand for recycling non-ferrous scrap materials to conserve natural resources and reduce greenhouse gas emissions associated with primary metal production.
Regulatory Pressures: Stringent environmental regulations imposed by federal and state governments encourage industries to adopt recycling practices, thereby boosting the non-ferrous scrap recycling market.
Economic Incentives: Economic benefits such as reduced production costs, lower raw material expenses, and potential revenue from selling recycled materials incentivize businesses to engage in non-ferrous scrap recycling.
Technological Advancements: Innovations in recycling technologies improve efficiency and reduce energy consumption in the recycling process, making non-ferrous scrap recycling more economically viable.
Circular Economy Initiatives: Growing adoption of circular economy principles by corporations and governments promotes closed-loop material cycles, where non-ferrous scrap is collected, processed, and reused in manufacturing processes.
Volatility in Metal Prices: Fluctuations in global metal prices make non-ferrous scrap recycling an attractive option for stabilizing supply chains and mitigating the risks associated with raw material price volatility.
Urbanization and Industrialization: Rapid urbanization and industrial development lead to increased consumption of non-ferrous metals, creating a larger supply of scrap material available for recycling.
Consumer Demand for Sustainable Products: Consumer preferences for eco-friendly products drive manufacturers to incorporate recycled non-ferrous materials into their products, stimulating demand for non-ferrous scrap recycling.
Corporate Social Responsibility (CSR): Companies increasingly integrate CSR objectives into their business strategies, including commitments to sustainable sourcing and waste reduction, thereby contributing to the growth of the non-ferrous scrap recycling market.
By 2050, estimates suggest that as much as nine million metric tons of aluminum scrap will become available in the European Union. This would amount to double the stock volume seen in 2015. This increase would be the result of greater implementation of circular economy, including higher recycling rates.
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Learn about the factors that impact the price of aluminum scrap cans, including supply and demand, market conditions, and location. Get a general estimation of the current price and discover the benefits of recycling aluminum cans for both the environment and economy.
In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts.
Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of 750,000 metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of 43 million metric tons in 2023.
Price comparison with other base metals
The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at 14 U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.
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1360 Global import shipment records of Aluminium Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Learn about the factors that determine the cost of scrap aluminum, such as market conditions, supply and demand, and the condition and size of the metal. Find out how working with a reputable scrap metal dealer can ensure fair pricing and proper recycling practices.
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Graph and download economic data for Producer Price Index by Industry: Material Recyclers: Solids and Clippings, New Aluminum Base Scrap (PCU429930429930221) from Dec 1986 to Aug 2019 about aluminum, materials, new, PPI, industry, inflation, price index, indexes, price, and USA.
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United States - Producer Price Index by Industry: Material Recyclers: Solids and Clippings, New Aluminum Base Scrap was 151.70000 Index Dec 1986=100 in August of 2019, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Material Recyclers: Solids and Clippings, New Aluminum Base Scrap reached a record high of 237.30000 in April of 2008 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 Industry: Material Recyclers: Solids and Clippings, New Aluminum Base Scrap - last updated from the United States Federal Reserve on March of 2025.
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14895 Global export shipment records of Aluminium Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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According to Cognitive Market Research, the global Aluminum Can Recycling market size will be USD 3458.2 million in 2024. It will expand at the compound yearly growth rate (CAGR) of 5.00% from the year 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1383.28 million in the year 2024 and will grow at the compound yearly growth rate (CAGR) of 3.2% from the year 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1037.46 million.
Asia Pacific held a market share of around 23% of the global revenue with the market size of USD 795.39 million in the year 2024 and will grow at the compound annual growth rate (CAGR) of 7.0% from the year 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with the market size of USD 172.91 million in 2024 and will grow at the compound yearsly growth rate (CAGR) of 4.4% from the year 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 69.16 million in 2024 and will grow at the compound yearly growth rate (CAGR) of 4.7% from 2024 to 2031.
The Load-based ASRS held the highest Aluminum Can Recycling market revenue share in 2024.
Market Dynamics of Aluminum Can Recycling Market
Key Drivers for Aluminum Can Recycling Market
Environmental Sustainability and Regulations to Increase the Demand Globally
Aluminum recycling significantly minimizes the energy consumption and greenhouse gas emissions as compared to producing new aluminum from raw bauxite ore. Recycling aluminum cans saves up to 95% of the energy required for primary aluminum production, making it a critical component in efforts to combat climate change and reduce the carbon footprint. Moreover, the increasing awareness and advocacy for sustainable practices among consumers and businesses have spurred a higher demand for recycled materials. Government regulations and policies promoting recycling and the circular economy further reinforce the market, as they often mandate or incentivize recycling efforts. Consequently, the push towards environmental sustainability drives continuous advancements in recycling technologies and infrastructure, enhancing the efficiency and capacity of aluminum can recycling programs.
Economic Benefits and Resource Efficiency to Propel Market Growth
Recycling aluminum is economically advantageous due to the value of scrap aluminum, which can be repeatedly recycled without losing its properties. The process generates significant cost savings in terms of energy and material expenses, making recycled aluminum a cost-effective alternative for manufacturers. Additionally, the recycling industry creates numerous jobs in collection, processing, and distribution, contributing to local economies. As the market for consumer goods packaged in aluminum cans grows, the steady supply of recyclable material supports a robust recycling industry. The economic incentives for consumers to participate in recycling programs, often through deposit-return schemes or recycling rebates, also play a crucial role. These economic drivers, combined with the increasing demand for sustainable packaging solutions from manufacturers and retailers, ensure a steady and growing market for aluminum can recycling.
Restraint Factor for the Aluminum Can Recycling Market
Contamination Issues to Limit the Sales
Contaminated recycling streams, where non-recyclable materials are mixed with recyclable aluminum cans, significantly complicate the recycling process. This contamination can result in additional sorting costs and reduce the quality of the recycled aluminum, thereby diminishing its market value. Contaminants such as food residues, liquids, and other non-metal materials can damage recycling equipment and lower the efficiency of recycling operations. As a result, recycling facilities may incur higher operational costs, which can be passed down to consumers, potentially decreasing participation rates in recycling programs. Furthermore, contamination can lead to more waste ending up in landfills, undermining the environmental benefits of recycling efforts and reducing the overall effectiveness of aluminum recycling initiatives.
Impact of Covid-19 on the Aluminum Can Recycling Market
The Covid-19 pandemic has had a multifaceted impact on the aluminum ca...
The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.