US Aluminium Ingot Market Tightens as Supply Shrinks and Prices Surge

US Aluminium Ingot Market Tightens as Supply Shrinks and Prices Surge

Marcel Proust 06-Jan-2026

The U.S. aluminium ingot market is now entering its structural change stimulus, brought about by the combination of its extreme supply tightness, strong macroeconomic support, and the surging demand from green technologies. With prices above USD 3,000/ton in major exchanges, together with shrinking inventories, aluminium continues to rise in strategic importance across manufacturing and investment sectors.

Supply constraints and strategic demand growth have caused a dramatic shift in the US aluminium ingot market, as pricing trends change course. As global liquidity improves gradually, aluminium ingot has emerged as a key industrial metal, supported by tightening inventories and expanding applications into clean energy technologies. Prices have now climbed above USD x,xxx per ton on major Western exchanges, reflective of growing imbalance between supply and demand.

The impact of U.S. trade policies on domestic aluminium ingot prices cannot be overemphasized. The Section xxx tariffs, which have a xxx tariff on most imported aluminium, continue to create a price floor effect. It is worth noting that the Midwest Premium, which is sustained in the band of USD xxx to USD xxx per ton above LME spot, has not really dropped despite the increase in avertible imported ingot supplies from China. The overall result...

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.