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

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.

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Prices

Aluminum Scrap Metal Prices | Current and Forecast

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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 price history since 2007 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.

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Aluminum Scrap

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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 (formula), 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. 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 Scrap (United States) increased during April 2019 to 1,320 USD per metric ton, which represents a slight rise 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 16%. Meanwhile, the average price of Aluminum Scrap (China) amounted to 1,400 USD per metric ton, from 1,640 USD per metric ton one year earlier. On a month-over-month basis, the price of Aluminum Scrap (China) was flat.

The price of Aluminum Scrap (Southeast Asia) declined slightly throughout April 2019, reaching 1,550 USD per metric ton.  The price is 2% lower than the average price in the previous month and 19% lower than the average price one year before. In contrast, the prices of Aluminum Scrap (Europe) increased modestly during April 2019, reaching 1,300 USD per metric ton, which means a rise of 2% from the previous month’s price and a decline of 20% 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.

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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