The LME Aluminum Cash Settlement contract inched lower marginally from $2,480.00 a day before to $2,436.50 per tonne.
SEATTLE (Scrap Monster): The weekly trend in aluminium scrap prices across worldwide markets for the past one-week period (March 28 to April 3, 2025) on the Scrap Monster Price Index is provided below:
There was a general downward tendency in the prices. All scrap categories, except a few, recorded decline when compared with the previous week.
The largest price drop of the week was seen in 6063 Extrusions/Fe, which recorded a decrease from $0.68 per pound to $0.66 per pound. The commodity saw a 2.94% weekly price decrease. 6061 Extrusions and Zorba 90% NF also reported modest decline in price over the previous week, falling by 2.82% and 2.78%, respectively.
The following chart shows the week-over-week price fluctuation for 6063 Extrusions/Fe:
Breakage 50% Recovery, Mixed Aluminum Turnings, Litho Sheets, 6063 Extrusions, Painted Siding, 1100 Scrap, 3003 Scrap, 356 Aluminum Wheels (Clean), 5052 Scrap, Chrome Wheels, MLC Clips, UBC, Old Cast, Old Sheet, E.C. Aluminum Wire, Al/Cu Radiators, and Al/Cu Radiators/Fe prices also reported decline over the previous week.
Meanwhile, Aluminum Radiators, Aluminum Radiators/Fe, and Aluminum Transformers prices reported no change on the Index.
6063 Extrusions/Fe prices recorded biggest dip over the week, registering 2.94% decline from $0.68 per Lb to $0.66 per Lb. Also, modest weekly declines by 2.82% and 2.78% were seen in 6061 Extrusions and Zorba 90% NF.
The rest of the scrap aluminium categories, except a few, recorded week-over-week decline.
The least declines were seen in Al/Cu Radiators and 5052 Scrap.
In the meantime, prices of Aluminum Radiators, Aluminum Radiators/Fe, and Aluminum Transformers held steady during the week ending April 3, 2025.
The aluminium scrap prices in the region mostly edged lower over the previous week. The top three losers were 6063 Extrusions/Fe, 6061 Extrusions and Zorba 90% NF.
The 6063 Extrusions/Fe prices ended the week at $0.65 per Lb, down from the previous week’s price of $0.67 per Lb, registering a weekly decline of 2.99%.
Also, the week witnessed dip in prices of 6061 Extrusions and Zorba 90% NF to $0.68 per Lb and $0.0.69 per Lb respectively.
Below is the weekly pricing chart for 6061 Extrusions.
The other commodities to register week-on-week dip in prices were Breakage 50% Recovery, Mixed Aluminum Turnings, Litho Sheets, 6063 Extrusions, Painted Siding, 1100 Scrap, 3003 Scrap, 356 Aluminum Wheels (Clean), 5052 Scrap, Chrome Wheels, MLC Clips, UBC, Old Cast, Old Sheet, E.C. Aluminum Wire, Al/Cu Radiators, and Al/Cu Radiators/Fe.
Aluminum Radiators, Aluminum Radiators/Fe, and Aluminum Transformers held steady during the week ended April 3, 2025.
The prices of the region’s majority of scrap aluminum categories declined week over week.
The scrap categories to dip the most were 6063 Extrusions/Fe and 6061 Extrusions, whose prices recorded declines by 2.90% and 2.82% respectively over the previous week. Zorba 90% NF prices recorded fall from $0.72 per Lb to $0.70 per Lb, registering a weekly decline of 2.78%.
The below chart provides weekly price movement in Zorba 90% NF:
Aluminum Radiators, Aluminum Radiators/Fe, and Aluminum Transformers recorded no change in prices on the Index during the week.
The Chinese aluminum scrap prices declined across the board on the Index.
The scrap categories to record largest declines were Old Cast and Old Sheet. The prices of both these commodities registered week-on-week decline by 0.55% each. The prices of 6063 Extrusions and Aluminum Transformers were down by 0.54%.
Also, E.C. Aluminum Wire and Zorba 90% NF prices witnessed a week-on-week decline of 0.51% each. The prices of Aluminum ingots dropped from CNY 20,600 per MT at the start of the week to end the week at CNY 20,500 per MT. Please find below the weekly price chart of the commodity.
Meanwhile, the prices of UBC recorded the least week-on-week decline in prices by 0.4%, falling from CNY 12,550 per MT to CNY 12,500 per MT on the Index during the week ended April 3, 2025.
The prices of scrap aluminum utensils saw a modest decline during the week ending on April 3, 2025.
The prices of Aluminum utensil scrap were down by 4.96% week-on-week to end at INR 230,000 per Ton. The weekly price chart of the commodity is as follows:
The prices of Aluminum ingots also registered decline by 4.78%, falling from INR 251,000 per Ton to INR 239,000 per Ton on the Index during the week.
The prices of all aluminium scrap categories (Aluminum Cuttings, Mixed Aluminum Turnings, Old Cast and UBC) remained constant during the week.
LME Aluminum Market Update
The closing price of LME Aluminum 3-Month contract stood at USD 2,464.00 per tonne as of April 3, 2025. The LME Aluminum Cash Settlement contract inched lower marginally from $2,480.00 a day before to $2,436.50 per tonne.
The LME Aluminum stocks declined marginally over the previous day to close at 458,800 tonnes on April 3, 2025, down slightly from 458,825 tonnes on April 3, 2025.
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