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Aluminum fell to 2,595.65 USD/T on July 4, 2025, down 0.48% from the previous day. Over the past month, Aluminum's price has risen 4.70%, and is up 2.37% 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.
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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.
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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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 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 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 156.5, compared to 100 in 1982, which was used as the base years.
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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.
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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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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.
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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 June of 2025.
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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.
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United States PPI: Metals: Nonferrous: Nonferrous Scrap: Aluminum data was reported at 238.700 1982=100 in Jun 2018. This records an increase from the previous number of 232.600 1982=100 for May 2018. United States PPI: Metals: Nonferrous: Nonferrous Scrap: Aluminum data is updated monthly, averaging 155.250 1982=100 from Jan 1960 (Median) to Jun 2018, with 702 observations. The data reached an all-time high of 318.200 1982=100 in Apr 2008 and a record low of 28.200 1982=100 in Jan 1963. United States PPI: Metals: Nonferrous: Nonferrous Scrap: Aluminum data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I017: Producer Price Index: By Commodities.
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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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...
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Used Beverage Can Scrap (WPU10230205) from Dec 1986 to May 2025 about used, aluminum, beverages, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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United States - Producer Price Index by Industry: Material Recyclers: Aluminum Base Scrap was 245.39300 Index Dec 1986=100 in November of 2021, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Material Recyclers: Aluminum Base Scrap reached a record high of 268.00000 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 Industry: Material Recyclers: Aluminum Base Scrap - last updated from the United States Federal Reserve on June of 2025.
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Learn about the factors affecting the going rate of scrap aluminum, current prices, and tips for getting the best price for your aluminum scrap as its market continues to trend upward.
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Japan PPI: SW: SW: NFMS: Copper & Aluminum Scrap data was reported at 261.300 2020=100 in Mar 2025. This records an increase from the previous number of 259.000 2020=100 for Feb 2025. Japan PPI: SW: SW: NFMS: Copper & Aluminum Scrap data is updated monthly, averaging 101.200 2020=100 from Jan 1980 (Median) to Mar 2025, with 543 observations. The data reached an all-time high of 261.300 2020=100 in Mar 2025 and a record low of 41.600 2020=100 in Nov 1993. Japan PPI: SW: SW: NFMS: Copper & Aluminum Scrap data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I065: Producer Price Index: 2020=100: Scrap & Waste.
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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 June of 2025.
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Aluminum fell to 2,595.65 USD/T on July 4, 2025, down 0.48% from the previous day. Over the past month, Aluminum's price has risen 4.70%, and is up 2.37% 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.