Aluminum Alloy Prices | Current and Forecast
Monitor Aluminum Alloy Prices Worldwide
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Monitor monthly Aluminum Alloy price assessments covering 5 locations: United States, Europe, China, Northeast Asia and Middle East. Also check Aluminum Alloy 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Aluminum Alloy.
Data Legend. The chart above shows Aluminum Alloy price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Aluminum Alloy (a380), US (United States): Aluminum Alloy (a380), spot price, i-w, United States
- Aluminum Alloy (a380), EUR (Europe): Aluminum Alloy (a380), spot price, i-w, Germany
- Aluminum Alloy (a383), CN (China): Aluminum Alloy (a383), import spot price, cif, East China
- Aluminum Alloy (a383), NEA (Northeast Asia): Aluminum Alloy (a383), import spot price, cif, Japan
- Aluminum Alloy (a383), MDE (Middle East): Aluminum Alloy (a383), export spot price, fob, United Arab Emirates (netback from cif China)
Data Use. Aluminum Alloy prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 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 Alloy 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 Alloy (United States) decreased during March 2020 to 1,160 USD per metric ton, which represents a considerable decline of 7% compared to the previous month’s value. On a year-over-year basis, the prices of Aluminum Alloy (United States) decreased significantly by 24%. Meanwhile, the average price of Aluminum Alloy (China) amounted to 1,560 USD per metric ton, from 1,990 USD per metric ton one year earlier. On a month-over-month basis, the price of Aluminum Alloy (China) is 2% higher than the price one month before.
The price of Aluminum Alloy (Middle East) rose slightly throughout March 2020, reaching 1,500 USD per metric ton. The price is 2% higher than the average price in the previous month and 22% lower than the average price one year before. In contrast, the prices of Aluminum Alloy (Europe) decreased modestly during March 2020, reaching 1,350 USD per metric ton, which means a decline of 2% from the previous month’s price and a decline of 6% from the previous year’s price.
The prices of Aluminum Alloy (Northeast Asia) experienced a modest rise of 10 USD per metric ton from the prior month's price, to 1,720 USD per metric ton. Such price movement meant a rise of 0.6% on a monthly basis and a decrease of 5% on a yearly basis.
About Aluminum Alloy. 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.
Among the main wrought alloys widely employed are the 5000, 6000, and 7000 series. The 5000 series, featuring magnesium, exhibits excellent weldability and corrosion resistance. Silicon is added to the 6000 series, resulting in alloys known for their structural integrity and versatility, commonly applied in high stress applications. Finally, the 7000 series, strengthened with zinc, is favored for its high fatigue strength and corrosion resistance. As for cast alloys, the A380 and A383 are prominent alloys within this category. A380 has excellent fluidity and castability, while the higher level of silicon and lower copper content of A383 give it better corrosion resistances, ease of casting, good mechanical properties, and dimensional stability.
Aluminum Alloy Handling. Aluminum alloys, renowned for their versatility, face specific considerations in storage and transportation. While the alloys inherit the lightweight advantage of aluminum, their varied compositions demand careful handling. Intermediate alloy forms, such as extrusions or sheets, are transported in bulk via ships, trains, and trucks. Due to potential reactivity and corrosion susceptibility in certain alloy combinations, storage practices often entail controlled environments and protective coatings. This ensures the preservation of alloy properties during transit and underscores the need for precision in the storage and transportation of these specialized materials.
