Does aluminium scrap market perform better than metal aluminium market?

The aluminium scrap market exhibited mixed price trends throughout the second half of the year 2023. However, surprisingly, the aluminium scrap market performed better than the metal aluminium market.

Why are aluminium scrap prices rising?

Analyst Insight According to Procurement Resource, Aluminium scrap prices are expected to remain elevated as demand continues to outpace supply. The ongoing tightness in scrap availability, will likely sustain upward pressure on prices. Aluminium Scrap Price Trend for the Q1 of 2024

Why should you use Fastmarkets' aluminium scrap price data?

With Fastmarkets’ aluminium scrap prices, you can: Predict market movements and recognize factors impacting supply-demand. Fastmarkets’ aluminium scrap price data combines the intelligence of industry-leading brands such as Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals.

How is the global aluminium scrap market changing?

As the global aluminium scrap market experiences a generational shift, it makes it even harder for market participants to see what is ahead and forecast aluminium scrap price movements. Supply and demand dynamics are being impacted by the need for more sustainable materials for a low-carbon future.

Why did aluminium scrap prices rise in Q2 2024?

Aluminium Scrap Price Trend for the Q2 of 2024 In Q2 2024, aluminium scrap prices in Europe remained elevated, driven by tight supply and robust demand, particularly from Asian markets.

Will aluminium scrap price oscillate?

According to Procurement Resource, the price of Aluminium Scrap is expected to follow an oscillating trajectory as the consumers seem to be suffering from uneven market conditions and negatively sliding economic conditions. Procurement Resource provides latest prices of Aluminium Scrap.