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Aluminum Metal
Aluminum Metal Prices | Current and Forecast
Aluminum Metal
Aluminum
Aluminum
Al

About Aluminum Metal. Aluminum is a metallic element, with atomic number 13, a post-transition metal, member of group 13 of the periodic table. Aluminum is the most abundant metal in Earth’s crust, comprising 8.8% by weight. It is, however, rarely found in its free form, being present in over 270 minerals and ores. It was first isolated in 1824, followed in 1886 by the development of the first industrial production process, which is still widely used currently, the Hall-Héroult process. Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.

Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.

Recycling plays a crucial role in the Aluminum production chain, mitigating environmental impact and reducing the demand for primary aluminum production. As a highly recyclable material, aluminum exemplifies a sustainable approach within the broader context of the manufacturing ecosystem.

Aluminum Metal Handling. Since aluminum is produced in great quantity, it is usually shipped in railroad tank cars or by marine transportation. Transportation of molten Aluminum in special vessels by truck is a growing trend, since it is usually cheaper to transport it in this state, than it is to melt the solid metal again in factories. Due to its high electrical conductivity, all equipment used in storage or transportation should be grounded. Fine dust generation should also be prevented since it can form flammable or explosive mixture with air.

Aluminum Metal Production. Raw materials and the respective production processes employed in the manufacturing of Aluminum Metal are listed below.

  • Alumina (Hall-Heroult electrolytical reduction process)

Aluminum Metal Uses. The uses and applications of Aluminum may vary according to its specification. The main forms of Aluminum are plates; rods; wire foil flakes; powder; and sheets.

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Prices

Aluminum Metal Prices | Current and Forecast

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Monitor monthly Aluminum Metal price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Northeast Asia. Also check Aluminum price history since 2007 and forecasts.

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Data Legend. The chart above shows Aluminum price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:

  • Aluminum, US (United States): Aluminum, spot price, i-w, United States
  • Aluminum, EUR (Europe): Aluminum, domestic spot price, dpu, Netherlands
  • Aluminum, SEA (Southeast Asia): Aluminum, export transaction price, fob, India
  • Aluminum, CN (China): Aluminum, spot price, i-w, China
  • Aluminum, NEA (Northeast Asia): Aluminum, import spot price, cif, Japan

Data Use. Aluminum prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

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Aluminum Price Outlook. The price of Aluminum (United States) was flat during April 2019. On a year-over-year basis, the prices of Aluminum (United States) decreased modestly by 3%. Meanwhile, the average price of Aluminum (China) amounted to 2,060 USD per metric ton, from 2,300 USD per metric ton one year earlier. On a month-over-month basis, the price of Aluminum (China) was flat.

The price of Aluminum (Southeast Asia) declined slightly throughout April 2019, reaching 1,950 USD per metric ton.  The price is 3% lower than the average price in the previous month and 14% lower than the average price one year before. In contrast, the prices of Aluminum (Europe) decreased modestly during April 2019, reaching 1,940 USD per metric ton, which means a decline of 3% from the previous month’s price and a decline of 21% from the previous year’s price. 

The prices of Aluminum (Northeast Asia) experienced a modest decline of 50 USD per metric ton from the prior month's price, to 1,950 USD per metric ton. Such price movement meant a decrease of 3% on a monthly basis and a decrease of 21% on a yearly basis.

About Aluminum Metal. Aluminum is a metallic element, with atomic number 13, a post-transition metal, member of group 13 of the periodic table. Aluminum is the most abundant metal in Earth’s crust, comprising 8.8% by weight. It is, however, rarely found in its free form, being present in over 270 minerals and ores. It was first isolated in 1824, followed in 1886 by the development of the first industrial production process, which is still widely used currently, the Hall-Héroult process. Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.

Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.

Recycling plays a crucial role in the Aluminum production chain, mitigating environmental impact and reducing the demand for primary aluminum production. As a highly recyclable material, aluminum exemplifies a sustainable approach within the broader context of the manufacturing ecosystem.

Aluminum Metal Handling. Since aluminum is produced in great quantity, it is usually shipped in railroad tank cars or by marine transportation. Transportation of molten Aluminum in special vessels by truck is a growing trend, since it is usually cheaper to transport it in this state, than it is to melt the solid metal again in factories. Due to its high electrical conductivity, all equipment used in storage or transportation should be grounded. Fine dust generation should also be prevented since it can form flammable or explosive mixture with air.

Aluminum Metal Production. Raw materials and the respective production processes employed in the manufacturing of Aluminum Metal are listed below.

  • Alumina (Hall-Heroult electrolytical reduction process)

Aluminum Metal Uses. The uses and applications of Aluminum may vary according to its specification. The main forms of Aluminum are plates; rods; wire foil flakes; powder; and sheets.

Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).

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