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Aluminum Scrap Purchase Price in the First Half of 2024

2024-06-30, Scrap aluminum prices

Aluminum Scrap Purchase Price in the First Half of 2024

The price of aluminum scrap increased significantly during the first half of 2024. Compared to the beginning of the year, the price of aluminum on metal exchanges rose by about 30% by the end of May. On January 24, 2024, the price of aluminum was around 1970 euros per ton, and by May 29, it had reached as high as 2560 euros per ton. However, during June, the price of aluminum on exchanges decreased by about 12%, down to 2320 euros per ton.
Since aluminum scrap purchase prices directly depend on the price of this metal on the metal exchanges, they also changed accordingly. According to the information from the website scraprice.com, depending on the type of aluminum scrap, the highest purchase prices were recorded in Poland (about 2260 euros per ton) and Turkey (about 2200 euros per ton).

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Scrap aluminium prices in the world

2024-02-20, Scrap aluminum prices

Scrap aluminium prices in the world

At the beginning of 2024, the price of aluminum on the metal exchanges started to decrease rapidly and during January it decreased by almost 10% from $2,380 to $2,160 per ton. However, judging by the fact that the price of aluminum was strongly increased in December 2023, it can be concluded that the average price of aluminum remained at a similar level. In the period of these two months, the prices of aluminum scrap did not change much. Analyzing various information on the Internet, it can be said that the highest price of aluminum scrap is in Poland.
Those who want to sell scrap aluminum should know that one of the types of scrap aluminum that has a high price is aluminum car rims. Their price

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The price of aluminum is rising. Will it reach $4,000 per ton?

2023-01-26, Scrap aluminum prices

The price of aluminum is rising. Will it reach $4,000 per ton?

With the start of 2023, the price of aluminum started to rise from January 6 of this year. During the period of the previous year, the price of aluminum was the highest at the beginning of March and reached as much as $3,840 per ton. However, the price of aluminum continued to decrease until the end of the year. At the end of September last year, the price of aluminum had fallen to its lowest point, and at that time it was $2100 per ton or even less. It is easy to calculate that the price of aluminum has fallen by more than 45% from the highest point to the lowest point during the last year. Observing this situation of the price of aluminum in the metal exchanges, it is not surprising that the price of aluminum scrap has been constantly decreasing in the past year. The price of aluminum is very important for both industry and consumers. Aluminum is a very versatile material used in the production of many products, such as automobiles, construction and electronics industries, energy industries. As a result, the price of aluminum is highly sensitive to economic and political changes.

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