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Aluminum fell to 2,619.90 USD/T on July 3, 2025, down 0.13% from the previous day. Over the past month, Aluminum's price has risen 5.23%, and is up 3.86% 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.
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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Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to May 2025 about aluminum, World, and price.
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Learn about the factors that influence aluminum prices and how the aluminum spot price per ounce is determined by the London Metal Exchange and Commodity Exchange. This article covers supply and demand, global economic conditions, geopolitical events, and technological advancements that impact the aluminum industry.
In 2023, the average price for aluminum stood at 2,256 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.
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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Explore the significance of the London Metal Exchange aluminum spot price and its impact on global industries. Discover how economic conditions, technological advancements, and production capacities influence this essential market indicator for stakeholders in automotive, aerospace, packaging, and construction sectors.
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Learn about the Midwest spot aluminum price, a price benchmark for the aluminum market in the United States. Discover the factors that influence this price and its impact on the industry.
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Discover the basics of aluminum spot price, including what it refers to and how it is determined by factors such as global supply and demand and market speculation. Learn about recent fluctuations and potential future influences on the aluminum spot price per pound.
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Why did the Aluminium Sheet Price Change in May 2025? The Aluminium Sheet Price Index in North American market inclined consistently during the Q1 of 2025, while the Aluminium Sheet Spot Price observed hovering at USD 5,400/MT (AL Sheet 1100-H14-0.8 mm, CFR New York).
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The automotive aluminum market offers a diverse range of products, each with specific applications:Rolled Products: Rolled aluminum accounts for the largest market share. It is used for various components, including body panels and structural parts due to its formability and strength.Extruded Products: Extruded aluminum finds applications in frames, bumpers, and interior trim. Its high strength-to-weight ratio makes it suitable for complex shapes and load-bearing components.Castings: Aluminum castings are preferred for high-stress applications such as engine blocks and suspension components. They offer complex geometries and excellent durability. Recent developments include: February 2024: Vedanta Aluminium has come up with Vedanta Metal Bazaar, an e-superstore for primary aluminum that will revolutionize the buying and selling of aluminum in India., The emporium launched with over 750 product variations from Vedanta Aluminium. AI-based pricing discovery gives clients unrivaled value even when commodity prices fluctuate. Ingots, billets, PFA, wire rods, rolled products, flip coils, hot metal, and Restora (India's first low-carbon aluminum) are available. The superstore additionally customizes solutions for its large consumer base., Aluminium is used in aerospace, automotive, building and construction, energy distribution, defense, and other industries. It is called the ‘metal of the future’ because it is essential to the global energy transition, renewable energy, electric vehicles, green infrastructure, and high-tech manufacturing. However, procuring aluminum was formerly complicated and resource-intensive., Vedanta Aluminium created Vedanta Metal Bazaar, a revolutionary e-commerce platform that would change aluminium purchase, to simplify business for customers., It promises to streamline the procurement process, allowing buyers to focus on business growth rather than transactional follow-ups and commodity price and order fulfillment fluctuations. After steel, aluminium is the second most consumed metal worldwide., Buyers may get just-in-time delivery, real-time AI-based pricing discovery, and full visibility from order placement to delivery with Vedanta Metal Bazaar. This enables robust production planning and frees up resources for important expenditures. In a few clicks, clients may use order history, dynamic market circumstances, and competitive rates to make smart purchases., A groundbreaking new platform, Vedanta Metal Bazaar was developed from the ground up to meet consumer expectations and revolutionize the experience., The platform offers global-first features like product availability, online price discovery, long-term contracts, on-the-spot orders, live shipment tracking, financial reconciliation, all critical documentation (such as test certificates, bank guarantees, letters of credit), and a selection of channel finance and logistics providers to help customers procure., September 2022: Alcoa Corporation announced new innovations in alloy development and deployment, further strengthening its position as a supplier of advanced aluminum alloys., May 2022: Novelis Inc. announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant.. Key drivers for this market are: . Restraints, . Opportunities; . Challenges; . Trends. Potential restraints include: . Opportunities, . Challenges; . Trends. Notable trends are: Growing in the sales and production of several automobiles to boost market growth.
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Learn about the aluminum spot price and how it is determined based on factors like supply and demand, production costs, and global economic conditions. Discover how the price of aluminum has been volatile in recent years and the current factors impacting the price, as well as its importance to investors, traders, and industrial companies.
The apparent consumption of aluminum in the United States totaled 4.3 million metric tons in 2024, an increase from the previous year, when the amount was 4.15 million metric tons. U.S. aluminum consumption Transportation applications accounted for about 36 percent of domestic consumption in 2024, with the remainder being mostly used for packaging, building, and electrical purposes. Composites can be substituted for aluminum in various applications. For example, glass, paper, plastics, and steel can be used instead of aluminum in packaging and composites, while steel, vinyl, and wood can replace aluminum in construction applications. The average spot price of aluminum ingots was 1.30 U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a 25 percent tariff on steel and aluminum imports effective from March 2025. This policy impacts key trading partners, including Canada, Mexico, Japan, South Korea, and the European Union, who were exempt from the 2018 tariffs. The United States imported approximately 4.8 million metric tons of aluminum for consumption in 2024.
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Learn about the spot price and value of aluminum cans, including how the London Metal Exchange affects pricing, regional supply and demand, the purity of aluminum, and the growing demand for recycled aluminum.
This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through January 2025. In January 2025, the average monthly price for aluminum stood at ******* nominal U.S. dollars per metric ton.
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Why did the Aluminium Alloy Ingot Price Change in May 2025? The Aluminium Alloy Ingot Price Index in the US displayed steady growth during Q1 2025, with spot prices reaching USD 3,166/MT DEL Alabama by quarter-end.
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Learn about the fluctuating spot price of aluminum per pound and the various factors that influence it, from global economics to supply chain dynamics. Stay informed on market trends to make informed decisions as an investor or manufacturer.
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AZ31B magnesium alloy/AA6061 aluminium alloy welded structures have been widely used in the lightweight design of automobile bodies. To improve the joint strength, the ultrasonic spot welding (USW) solid state connection method is used in this paper. The results show that at a welding energy of 1540 J, there is evidence of melting in the weld joint. As the welding energy increases, the intermetallic compounds (IMCs) grow rapidly and form a reaction layer approximately 17 μm thick. The IMCs are mainly composed of the γ-Mg17Al12+β-Mg2Al3 phase, where the β-Mg2Al3 phase hardness is as high as 6.5 GPa and shows a typical pop-in phenomenon and the average hardness of the γ-Mg17Al12 cubic structure phase is 3.4 GPa. When the welding energy reaches 1540 J, the β phase rapidly grows, and the joint performance decreases rapidly. The fracture morphology indicates a cleavage fracture and is accompanied by a large number of secondary cracks.
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.
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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).
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Aluminum fell to 2,619.90 USD/T on July 3, 2025, down 0.13% from the previous day. Over the past month, Aluminum's price has risen 5.23%, and is up 3.86% 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.