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    Aluminum Scrap Markets

    February aluminum market: Stability, uncertainty, and the weight of tariffs

    Written by Gabriella Vagnini


    The February survey of aluminum market participants points to a market in flux, largely stable but fragile, with looming uncertainties driven by tariffs, shifting demand patterns, and supply constraints. While many respondents see a balanced market in the near term, pockets of undersupply exist, particularly in specific scrap grades and finished products. As we move into March and beyond, the key question is whether stability can hold or if external pressures, policy shifts, trade barriers, and economic conditions, will break it.

    Market balance: Stable but precarious

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