Aluminum Scrap Markets
May 13, 2025
Written by Nicholas Bell
In a quarter where aluminum prices rallied and shipments nudged upward, Novelis found itself caught between expansion plans and unfortunate timing.
Quarterly revenue grew by 13% to $4.6 billion thanks to higher aluminum prices, and net income surged 77% to $294 million.
Aluminum sheet lead times rose in September even as more respondents became more comfortable with overall supply.
A new US aluminum trade group is seeking lower costs on primary metal while backing duties on competing finished imports.
Extended Producer Responsibility laws could advantage aluminum.
And, of course, AMU Summit coverage, which included topics ranging from prices, primary, data centers, autos and more.
Recycler demand rebounded in August as obsolete scrap availability narrowed, inventory drawdowns persisted and forward oversupply expectations disappeared.
