Menu
Menu
China
India
United Kingdom
United StatesQ1 2025
In the first quarter of 2025, The Aluminium Sheet price trend experienced a slight upward movement, reaching USD 3565/MT FOB Shanghai with a 1.11% increase from Q4 2024. This growth was primarily driven by a steady revival in demand from the construction and automotive sectors, which picked up pace following the year-end lull.
Manufacturers resumed operations after the holiday season, leading to increased procurement activities. Supply levels remained stable, and with smooth logistics across key markets, the aluminium sheet market maintained a well-balanced outlook with mild but positive momentum.
Q4 2024
In Q4 2024, the global aluminium sheet market saw a notable upward trend, driven primarily by demand from key regions like China, UK, and the USA. China’s expanding manufacturing sector, along with its infrastructure initiatives, propelled domestic demand for aluminium sheets, fostering price growth. The UK and USA also contributed to the global trend, with both countries benefiting from a rebounding industrial sector and a surge in construction projects, particularly in infrastructure and renewable energy.
Q3 2024
In Q3 2024, the global aluminium sheet market experienced a notable downturn, with significant declines observed across major markets. China, a key player in the sector, saw a decrease in aluminium sheet demand driven by a slowdown in industrial activity and a reduction in construction projects.
Similarly, the UK and the USA faced declines, albeit influenced by different regional factors. In India, the slowdown in infrastructure and automotive sectors dampened aluminium sheet consumption. The UK experienced weaker demand due to a combination of economic uncertainty and reduced manufacturing output.
In the USA, a decline in construction and transportation sectors led to lower aluminium sheet consumption. This combined decrease across these regions highlights a global trend of reduced industrial activity, posing challenges for producers and suppliers in Q3 2024.
Q2 2024
In Quarter 2 of 2024, the global aluminium sheet market is experiencing a robust upward trend, driven by rising demand from key regions such as China, UK, and the USA. China, as a dominant player in the industry, continues to expand its manufacturing capacity, leading to increased consumption of aluminium sheets for both domestic use and export.
The UK and USA are seeing a rebound in their manufacturing industries, particularly in automotive, aerospace, and construction applications. Combined, these factors are propelling the global market, with aluminium sheet prices expected to rise as supply chains adjust to meet the surging demand.
Q1 2024
In Q1 2024, the global market for aluminium sheets saw divergent trends across key regions. China experienced a notable increase in demand, driven by strong industrial activity and infrastructure projects, leading to higher production and price levels. In contrast, the UK and the USA saw a decrease in aluminium sheet prices.
Similarly, the UK and USA experienced weaker consumer and industrial activity, further exacerbated by inflationary pressures and supply chain challenges, contributing to the downward price movement in these regions. Overall, while China’s market growth counterbalanced the declines in other regions, the global market remained volatile.
In Q1 2025, Aluminium Sheet price trend registered a noticeable uptick, rising by $3402 per metric ton, Ex-Mumbai, reflecting a 4.19% increase compared to the previous quarter. This price rally was driven by robust demand recovery in the transportation and packaging industries, coupled with continued constraints in raw material supply.
Elevated energy costs and export limitations from major producing hubs further pressured production, tightening overall market availability. Additionally, increased activity in downstream sectors like aerospace and infrastructure spurred consistent buying interest.
In Q4 2024, the aluminium sheet market saw a significant price rise of $3265 per metric ton, Ex-Mumbai indicating a 3.94% quarter-over-quarter growth. Key contributors to the upward momentum included tightening supply chains, particularly in Asia and Europe, as well as a steady uptick in demand from construction, packaging, and electrical sectors.
Elevated energy and transportation costs impacted smelting operations, while logistical disruptions at major ports like Shanghai and Nhava Sheva led to slower inventory turnover. Market participants also cited policy adjustments in producing countries as a catalyst for bullish trading behavior, sustaining price strength throughout the quarter.
In Q3 2024, aluminium sheet price trend declined by $3142 per metric ton, Ex- Mumbai with a 2.43% drop from the previous quarter. The decrease was mainly attributed to subdued demand from automotive and export-oriented manufacturing sectors, alongside a rebound in global supply.
Increased output from Chinese and Middle Eastern producers, coupled with easing freight rates and stabilized energy prices, contributed to improved supply-side dynamics. Additionally, softer macroeconomic indicators and cautious procurement behavior among downstream players created downward pressure, with overall sentiment reflecting a temporary market correction.
In Q2 2024, Aluminium Sheet price trend saw a sharp rise of ₹3220 per metric ton, Ex-Mumbai, showing an 11.37% increase over the previous quarter. The price surge was underpinned by tight inventories, strong restocking demand from the construction and consumer goods industries, and rising input costs such as alumina and fuel.
Geopolitical instability and shipping bottlenecks at key international ports further constrained supply. Market sentiment remained positive, fueled by expectations of continued industrial activity and limited short-term availability, particularly across zones like Willich and Del Alabama.
In Q1 2024, aluminium sheet prices experienced a marginal decline of $2891 per metric ton, Ex-Mumbai translating to a 0.28% decrease from the previous quarter. The price softening stemmed from tepid demand in major end-use sectors, especially in Europe and parts of Asia.
Higher inventory levels at global distribution hubs and improved production efficiency helped offset cost pressures. Despite stable energy prices, buyers remained cautious due to lingering economic uncertainty, resulting in a balanced market environment with limited volatility.
PriceWatch is your trusted resource for tracking global aluminium sheet price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the aluminium sheet market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence aluminium sheet prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely aluminium sheet market data.
Track PriceWatch's aluminium sheet price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
These events highlight the vulnerability of the aluminium sheet market to external factors and the need for careful market monitoring.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Aluminium sheet is a flat-rolled product produced by rolling aluminium ingots into thin, flexible sheets. It is commonly used in manufacturing, construction, transportation, and packaging industries.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Carbon Content (%) | ≤ 0.25 |
| Yield Strength (MPa) | 160 – 250 |
| Tensile Strength (MPa) | 250 – 350 |
| Elongation (%) | ≥ 12 (for a gauge length of 200 mm) |
| Hardness (HB) | 50 – 70 |
| Density (g/cm³) | 2.7 |
| Modulus of Elasticity (GPa) | 70 |
| Melting Point (°C) | ~660 |
| Thickness (mm) | 0.5 – 6 |
| Width (mm) | 100 – 2000 |
| Surface Finish | Mill Finish, Anodized, Painted |
| Weldability | Good |
| Formability | Excellent |
| Corrosion Resistance | High (when anodized) |
| Thermal Conductivity (W/m·K) | ~120 at 20°C |
| Electrical Conductivity (% IACS) | ~35 – 40 |
Applications
Aluminium sheets are produced from raw materials such as bauxite, which is refined into alumina and then smelted into aluminium. The price of these feedstocks, especially alumina and aluminium ingots, plays a significant role in determining the final price of aluminium sheet products. When the cost of aluminium production feedstocks increases—due to factors like rising energy prices or limited supply of raw materials—the price of aluminium sheets tends to rise as well. Additionally, energy costs, such as electricity, which is a major component in aluminium smelting, can heavily influence production costs and, subsequently, the price of the finished aluminium sheet.
Aluminium sheet prices are closely linked to inflation due to their role in production across a wide range of industries. When aluminium sheet prices rise, it increases the cost of manufacturing products that use aluminium, such as automotive parts, appliances, and packaging materials. These higher production costs are often passed on to consumers in the form of higher prices for goods and services. As aluminium is a key input in many sectors, a sustained increase in aluminium sheet prices can contribute to broader inflationary pressures within an economy, leading to a rise in the general price level. This can affect not just the direct consumers of aluminium products, but also industries that depend on aluminium as an essential component of their supply chain.
Copyright 2025. All rights reserved. Nidhyana Price Watch Data Analytics Private Limited