Aluminum Scrap Markets
December 6, 2024
Domestic markets brace for mounting challenges
Written by Gabriella Vagnini
Aluminum scrap market: UBCs and alloys under pressure
The aluminum scrap market, especially for used beverage cans (UBCs), is heading into 2025 with mounting challenges. High premiums, tight supply chains, and trade uncertainties are straining the market. Industry sources say major manufacturers are now paying upwards of 80% of MWUSTP for UBCs, a big jump from the 62% spot prices seen at the start of 2024.
