SEATTLE (Scrap Monster): The weekly trend in aluminium scrap prices across worldwide aluminum scrap metal markets for the past one-week period (January 24, 2025 to January 30, 2025) on the Scrap Monster Price Index are provided below:
The regional aluminum scrap prices remained unchanged over the prior week.
6063 Extrusions, Aluminum Radiators, E.C. Aluminum Wire, Litho Sheets, Painted Siding, 1100 Scrap, and 3003 Scrap prices witnessed no change from the prior week.
There was no variation in prices of 356 Aluminum Wheels (Clean), 5052 Scrap, 6061 Extrusions, 6063 Extrusions/Fe, Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators/Fe, Aluminum Transformers, Breakage 50% Recovery, and Chrome Wheels held steady on the Index during the week ended January 30, 2025.
The chart provided below depicts the weekly price variation in Breakage 50% Recovery during the previous week:
No change in price was seen in Mixed Aluminum Turnings, MLC Clips, Old Cast, Old Sheet, UBC, and Zorba 90% NF.
The regional scrap aluminum prices recorded no variation in prices as of the week ended January 30, 2025
The prices of all aluminum scrap commodities were flat on the Index.
The scrap commodities that remained constant during the week included 6063 Extrusions, Aluminum Radiators, Litho Sheets, Painted Siding, 1100 Scrap, 3003 Scrap, 356 Aluminum Wheels (Clean), 5052 Scrap, 6061 Extrusions, 6063 Extrusions/Fe, Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators/Fe, Aluminum Transformers, Breakage 50% Recovery, Chrome Wheels, Mixed Aluminum Turnings, MLC Clips, Old Cast, Old Sheet, UBC, and Zorba 90% NF
Below is the weekly price chart for Aluminum Radiators/Fe:
All aluminum scrap prices in the region held steady over the prior week.
6063 Extrusions, Aluminum Radiators, E.C. Aluminum Wire, Litho Sheets, Painted Siding, 1100 Scrap, and 3003 Scrap prices witnessed no change from the prior week.
There was no variation in prices of 356 Aluminum Wheels (Clean), 5052 Scrap, 6061 Extrusions, 6063 Extrusions/Fe, Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators/Fe, Aluminum Transformers, Breakage 50% Recovery, and Chrome Wheels held steady on the Index during the week ended January 30, 2025.
The chart provided below depicts the weekly price variation in Chrome Wheels during the previous week:
No change in price was seen in Mixed Aluminum Turnings, MLC Clips, Old Cast, Old Sheet, UBC, and Zorba 90% NF.
A few aluminum scrap commodities in the region reported decline in prices during the week ending January 30, 2025. Others held steady during the week.
Old Cast, Old Sheet, and 6063 Extrusions recorded biggest decline in prices. The prices of all the above three commodities recorded week-on-week decline by 0.28%.
The below chart depicts the weekly price variation in the prices of 6063 Extrusions.
Also E.C. Aluminum Wire registered a decline of 0.26% week-on-week, ending at CNY 19,150 per MT on the Index.
Aluminum Ingots prices also registered modest decline.
In the meantime, Aluminum Radiators, Aluminum Transformers, UBC and Zorba 90% NF prices recorded no change when compared with the week before.
The Aluminum utensil scrap prices were up by 2.04% week-on-week, closing at INR 250,000 per Ton on the ScrapMonster Index. The weekly price chart of Aluminum utensil scrap is provided below:
The Aluminum ingots prices also witnessed a fall of 1.97% from the prior week’s prices.
The prices of all aluminium scrap categories (Aluminum Cuttings, Mixed Aluminum Turnings, Old Cast and UBC) witnessed no change during the week.
LME Aluminum Market Update
The closing price of LME Aluminum 3-Month contract stood at USD 2,621.00 per tonne as of January 30, 2025. The LME Aluminum Cash Settlement contract recorded marginal increase from $2590.50 a day before to $2,617.00 per tonne.
The LME Aluminum stocks declined modestly over the previous day to close at 587,850 tonnes as of January 30, 2025, as compared with 590,350 tonnes a day before.
Copper Scrap View All | |
Alternator | 0.38 (0) |
#1 Copper Bare Bright | 3.96 (0.1) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.77 (0) |
6061 Extrusions | 0.67 (0) |
Steel Scrap View All | |
#1 Bundle | 370.00 (0) |
#1 Busheling | 390.00 (0) |
Electronics Scrap View All |