Aluminium Scrap Prices Decline
Scrap prices fell following a drop in A00 aluminum, with supply tightness and tax audit pressures sustaining the decline. Demand recovery remained modest, limiting upside.
Aluminium Scrap Price Trend Analysis 2026: Supply Demand Analysis, Latest News, Historical Prices, Price Drivers & Market Insights
Written ByShriya Singh
Aluminium Scrap Latest Development
Aluminium Scrap Prices Surge Amid Tight Supply
Aluminium scrap prices rose sharply on Oct 26, driven by tighter supply due to ongoing tax audits and a surge in imported scrap. The market remains firm with limited downside, as compliance invoiced cargo stays scarce.
Aluminium Scrap Latest Prices August 2026
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Aluminium Scrap | China | FOB | USD 2,635.34/MT | August 2026 |
| Aluminium Scrap | India | CIF | USD 2,726.12/MT | August 2026 |
| Aluminium Scrap | USA | CIF | USD 2,748.22/MT | August 2026 |
| Aluminium Scrap | Germany | CIF | USD 2,748.93/MT | August 2026 |
| Aluminium Scrap | Australia | CIF | USD 2,730.01/MT | August 2026 |
| Aluminium Scrap | China | FOB | USD 2,689.12/MT | July 2026 |
| Aluminium Scrap | India | CIF | USD 2,795.93/MT | July 2026 |
| Aluminium Scrap | USA | CIF | USD 2,876.61/MT | July 2026 |
| Aluminium Scrap | Germany | CIF | USD 2,822.75/MT | July 2026 |
| Aluminium Scrap | Australia | CIF | USD 2,787.58/MT | July 2026 |
Stay updated with the latest Aluminium Scrap prices, historical data, and tailored regional analysis
Aluminium Scrap Price Trend Q3 2026
- Aluminium Scrap prices rose in Q3 2026 as primary aluminium prices recovered, but scrap rose less than primary metal.
- Feedstock tightened as scrap grew scarce under intensified tax audits in China, while a Gulf export ban curtailed supply to Indian importers.
- Downstream demand stayed soft, with an underwhelming cast alloy peak season and ample in-plant scrap inventories limiting buyers' appetite for higher offers.
In China, the average monthly price of Aluminium Scrap stood at approximately USD 2,689.12/MT (FOB) in July 2026, while in India it averaged around USD 2,795.93/MT (CIF). Chinese scrap values started the quarter soft as primary metal declined. They then rose alongside primary aluminium, supported by Middle East shipping disruptions and destocking of domestic aluminium inventories. Import supply stayed thin early on, with July arrivals falling approximately 10% from June due to shipping lags. Arrivals then rebounded around 18.60% month on month in August as import economics improved, with Thailand the leading source. In September, expanding tax enforcement across several provinces made compliant invoiced scrap scarce and strongly supported its price. Weak cast alloy demand and a secondary aluminium operating rate of only 53% capped gains, keeping scrap behind primary metal.
Analyst Insight
According to Procurement Resource, in the near term, Aluminium Scrap is likely to stay firm on tight compliant supply, although sluggish alloy demand should limit further upside.
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- Global aluminium scrap markets remained balanced in Q2’26 as supply concerns supported values initially before easing conditions reduced upward momentum.
- Feedstock conditions shifted as primary aluminium prices corrected, with aluminium values declining 11.0% during June and lowering scrap replacement pressure.
- Downstream demand remained supported by recycled aluminium consumption, with China and India maintaining growth in aluminium-intensive applications.
In Q2’26, Aluminium Scrap prices were ~USD 2,737.84/MT in April and ~USD 2,744.00/MT in June, witnessing a marginal increase in the Chinese region. Meanwhile, in India, prices increased from ~USD 2,787.84/MT in April to ~USD 2,831.00/MT in June, showing a ~1.5% increase. Asian scrap markets received early-quarter support as primary aluminium supply concerns increased demand for recycled material. China’s aluminium scrap market strengthened initially before easing as primary aluminium values declined and buyers adopted cautious procurement strategies. Recycled aluminium demand remained supportive, with aluminium consumption expected to increase 0.9% in China and 0.6% in India during 2026. However, secondary aluminium operations in China remained underutilised, limiting stronger scrap demand growth during the quarter. Global competition for recycled material continued as manufacturers sought alternatives to primary aluminium amid supply uncertainties. The decline in aluminium values during June reduced the replacement cost advantage for scrap buyers and prevented further price gains.
About Aluminium Scrap
Aluminium scrap refers to discarded or recycled aluminum-containing materials and products that are no longer needed for their original purpose. It encompasses a wide range of aluminum-based items, including old machinery, vehicles, packaging materials, construction components, and various consumer goods that have reached the end of their useful life. Aluminum scrap is collected and processed through recycling facilities to recover the aluminum content, which can then be melted down and reused in various industrial applications, particularly in the production of new aluminum products.
Aluminium Scrap Product Detail
HS Code
76020090
Industrial Uses
Aluminium Production, Energy generation, Transport Infrastructure, Automotive Parts, Machinery and equipment
Supplier Database
Sims Metal Management Kuusakoski Recycling DOWA HOLDINGS Co Ltd, Arcelor Mittal S.A., REAL ALLOY Commercial Metals Company, Aurubis AGS TRIMET, Aluminium Nupur Recyclers, Arfin India Ltd
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Our Price Analysis Methodology
About the Author
Shriya Singh
Business Insights Analyst
Helping procurement and sourcing teams navigate complex markets through data-driven research, category intelligence, and actionable insights - with a focus on identifying market trends, analyzing supply-side developments, and delivering clear intelligence that supports informed business decisions.
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