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).