Aluminum Scrap Metal Prices | Current and Forecast
Monitor Aluminum Scrap Metal Prices Worldwide
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Monitor monthly Aluminum Scrap Metal price assessments covering 4 locations: United States, Europe, Southeast Asia and China. Also check Aluminum Scrap 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Aluminum Scrap.
Data Legend. The chart above shows Aluminum Scrap price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Aluminum Scrap (UBC), US (United States): Aluminum Scrap (used beverage cans), domestic spot price, fca, United States
- Aluminum Scrap, EUR (Europe): Aluminum Scrap, export transaction price, fob, Germany
- Aluminum Scrap (UBC), SEA (Southeast Asia): Aluminum Scrap (used beverage cans), import spot price, cif, India (netforward from fob United States)
- Aluminum Scrap (Cast), CN (China): Aluminum Scrap (castings), export spot price, fca, China
Data Use. Aluminum Scrap prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Aluminum Scrap price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
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Aluminum Price Outlook. The price of Aluminum Scrap (United States) decreased during November 2019 to 1,090 USD per metric ton, which represents a slight decline of 3% compared to the previous month’s value. On a year-over-year basis, the prices of Aluminum Scrap (United States) decreased significantly by 27%. Meanwhile, the average price of Aluminum Scrap (China) amounted to 1,320 USD per metric ton, from 1,500 USD per metric ton one year earlier. On a month-over-month basis, the price of Aluminum Scrap (China) is 0.8% lower than the price one month before.
The price of Aluminum Scrap (Southeast Asia) declined throughout November 2019, reaching 1,130 USD per metric ton. The price is 4% lower than the average price in the previous month and 27% lower than the average price one year before. In contrast, the prices of Aluminum Scrap (Europe) decreased during November 2019, reaching 1,140 USD per metric ton, which means a decline of 5% from the previous month’s price and a decline of 17% from the previous year’s price.
About Aluminum Scrap Metal. Aluminum Scrap consists in Aluminum parts or products unsuitable for sale, or discarded metallic material from various sources. It may be reclaimed by melting and refining processes, which require presorting the material to decrease contaminants. Special techniques, such as melting in molten salt and ablative melting avoid large losses when recycling oily scrap, lightweight cans, foil, etc. Due to the demand for high-quality Aluminum, degassing treatments are required to remove hydrogen from the molten metal before it is poured.
Aluminum Scrap Metal Handling. It is usually shipped in railroad tank cars or by marine transportation. 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 Scrap Metal Uses. The uses and applications of Aluminum Scrap may vary according to its specification. The main forms of Aluminum Scrap are plates; rods; wire foil flakes; powder; and sheets.