Aluminum Scrap Markets

19 March 2024
Non-Ferrous Scrap Spreads
Spreads remain fairly unchanged as concerns about the shortage of supply persist within the scrap community.
Aluminum Scrap Markets
19 March 2024
Spreads remain fairly unchanged as concerns about the shortage of supply persist within the scrap community.
July's producer price index (PPI) and manufacturing survey (M3) data show an aluminum sector that looks steady on paper but is shrinking once inflation is stripped away, with costs cascading unevenly through the supply chain.
It's not too late to catch up on what potential scrap export bans could mean for the market.
The August AMU survey reveals lead times lengthening for sheet but easing for billet and extrusions, with distributors, producers, manufacturers, and recyclers each reporting conditions shaped by their position in the value chain.
The widening gap between scrap costs and value-added premiums is making secondary aluminum casthouses look far more attractive - time for a rethink.
U.S. aluminum buyers and sellers are bracing for a bruising 2026 contract season as tariffs, tight supply, and shifting scrap economics threaten to push Midwest premiums and upcharges to unprecedented levels.