Aluminum Price: How Much is Alumium?

Do you know the standard aluminum price? Are you aware of how much they cost? Do you buy them per pound? Per kilo?

All your questions about aluminum rates and pricing will be answered here! Besides giving you accurate information about aluminum’s prices, we’ll also give you other relevant information, so, stay tuned!

FULL DISCLOSURE:

Aluminum’s price varies by certain factors like the geographical location, political events, supply and demand, and competition.

The price we will be indicating in this blog would be the price as of writing, which is at:

January 20th, 2025

What is the Price of 1KG of Aluminum?

The price of aluminum constantly changes, just like any other metal. Its price also depends on the region you’re buying them from.

However, as of the time of writing, the price of aluminum according to Daily Metal Price sits at $1.1290 per lb, which translates to about $2.4878 per kg.

ПРИМЕЧАНИЕ: In the London Metal Exchange (LME), the price of aluminum per pound is at $1.12 per lb.

United States Aluminum Price Per lb

Источник: Scrap Gators

В соответствии с Reuters, the United States has what we call a MidWest surcharge, a price added for supply and demand, rose to about 12% since November of last year, bringing the total to about $1.39 per pound.

Aluminum Price Per Pound

Including the price of $2.48 per kg into the equation, there’s about 2.205 pounds in a kilogram, so, the price of aluminum per pound will be at $1.1290.

The same price also reflects the trajectory from the Daily Metal Price.

Aluminum Price Chart

One way to know about the price of aluminum in real time is by going to websites that offer actual price charts.

You’ll find many aluminum price chart examples online, but if you want to be extremely accurate and precise, you can check out Business Insider’s Aluminum Price Chart.

They display the actual price of aluminum per kg, though, not per pound or oz.

ПРИМЕЧАНИЕ: The website also displays a conversion of a ton (one) ton, to kilograms, which is: 1 ton = 1,000 kilograms.

Price of Aluminum Sheets

Источник: TCI Precision

Когда дело доходит до aluminum sheets, its price will vary on how heavy it is. So, for these sheets, the pricing will not be accurate.

It’ll depend on certain factors, primarily the manufacturer, the region, supply and demand, and type.

Manufacturer

Manufacturers influence aluminum sheet pricing through production methods, quality standards, and branding.

That being said, reputable producers often charge more because they provide higher-quality materials that meet specific industrial standards.

Their operational efficiencies and economies of scale can also impact costs, making prices vary between manufacturers. So, you know that not all manufacturers charge the same!

Region

Geographic location plays a critical role in pricing due to transportation costs, local taxes, and import/export duties.

Areas with easy access to aluminum smelters or processing plants may offer lower prices. Conversely, regions far from production hubs often face higher costs due to added logistics expenses.

Supply and Demand

Of course, let’s not forget supply and demand.The balance between market demand and available supply heavily impacts aluminum sheet prices.

When demand spikes, such as during peak construction seasons or industrial booms, prices often rise. Conversely, oversupply or reduced demand can lead to lower prices, though external factors like geopolitical events can also drive fluctuations.

Тип

And last but definitely not least is the aluminum type. As we all know, aluminum isn’t singled out to one type only. In fact, you’ll find many different classifications and types of aluminum in the market.

Different types of aluminum sheets, such as standard, anodized, or perforated, have varying prices based on their specific features. Additional processing or treatments, like corrosion resistance or custom sizing, can add to the overall cost.

Buyers must consider their project requirements to select a type that offers the best value.

These are some of the factors that dictate the price of how much aluminum sheets are going to be. Besides universal pricing, it’s also worth noting that several factors affect the price of ready-made products, such as sheets and rods.

How Much is a BIllet of Aluminum?  

Источник: Al Circle Biz

Like aluminum rolls and sheets, the price of aluminum billets depend on the weight, type, and where you’re getting them from.

The price of the billet will depend on the raw product, which is aluminum. Whether it’s scrap aluminum, anodized aluminum, or a particular aluminum alloy, it’s all dependent into that.  

Where to Buy Aluminum?

There are plenty of resources to where you can buy aluminum. Today, you’ll find a heap of online websites that offer them, websites like Online Metals, Metals Depot, and many others like them.

However, if you’re in it for the longer term, it’s easily suggested to work direct and straight with a manufacturer. This way, you’ll get access to better deals and offers that you can’t get from distributors and retailers.

Not sure where to start? Reach out to us here at HDC! We’ll give you the deal of your life!

Why HDC is the Best Supplier of CNC Aluminum Parts

When it comes to aluminum, углеродистая сталь, нержавеющая сталь, or even other types of alloys, you can bank on us here at HDC for any type of aluminum you need!

From pre-processed aluminum to aluminum sheets, aluminum rods, and even aluminum parts and components, you can ask us!

Wherever you are and whatever type of aluminum you need, we’ll surely get it to you! Just let us know and we’ll be more than happy to give you the assistance you’re looking for!

Call us or shoot us an email! We’ll give you a free quote!