For the Quarter Ending June 2026
Aluminium Sheet Prices in North America
- In the USA, the Aluminium Sheet Price Index rose by 9.4% quarter-over-quarter, driven by imports.
- The average Aluminium Sheet price for the quarter was approximately USD 7087/MT on CFR basis.
- Aluminium Sheet Spot Price eased in June, while the Price Index stayed supported by imports.
- Aluminium Sheet Price Forecast expects moderate volatility as seasonal slowdown offsets possible supply disruptions near-term.
- Aluminium Sheet Production Cost Trend increased as bauxite and insurance premiums pushed landed conversion expenses.
- Aluminium Sheet Demand Outlook remains muted as construction and automotive weaken; beverage-can demand stays steady.
- Aluminium Sheet Price Index volatility reflected aggressive export offers and rising port stocks, capping momentum.
- Major suppliers maintained output, keeping export offers competitive, while Section 232 uncertainty reduced US procurement.
Why did the price of Aluminium Sheet change in June 2026 in North America?
- Ample imports from Canada, Bahrain and South Korea widened landed choice, pressuring June CFR bids.
- Softer US end-use demand and reduced spot bookings as manufacturers consumed inventories eased buying urgency.
- Procedural uncertainty around Section 232 tariffs paused transactions, leaving some cargoes unsold and compressing premia.
Aluminium Sheet Prices in APAC
- In Malaysia, the Aluminium Sheet Price Index rose by 2.83% quarter-over-quarter, reflecting stronger average import totals.
- The average Aluminium Sheet price for the quarter was approximately USD 3655.67/MT excluding local duties.
- Aluminium Sheet Spot Price stayed pressured by Chinese and Bahraini exports, prompting discounts into Malaysia.
- Aluminium Sheet Price Forecast indicates modest recovery as buyers rebuild inventories post-monsoon, supporting firmer values.
- Aluminium Sheet Production Cost Trend shows pressure from higher freight and insurance, increasing landed costs.
- Aluminium Sheet Demand Outlook remains muted as construction tendering and packaging orders provided little pull.
- Rising inventories and steady delivery windows pressured the Aluminium Sheet Price Index, reinforcing buyer leverage.
- Bahraini mills' restored allocations and Chinese export offers expanded spot availability, sustaining downward pricing pressure.
Why did the price of Aluminium Sheet change in June 2026 in APAC?
- Abundant Chinese and Bahraini exports increased import availability, overwhelming local offtake and pressuring landed prices.
- Geopolitical tensions threaten the Strait of Hormuz, risking higher freight and insurance premiums for shippers.
- Weak construction and packaging demand limited offtake, allowing distributors to delay buying and rebuild inventories.
South Korea
- In South Korea, the Aluminium Sheet Price Index rose by 0.20% quarter-over-quarter, reflecting export strength.
- Aluminium Sheet Spot Price softened as export enquiries slowed and traders offered competitive discounts abroad.
Thailand
- In Thailand, the Aluminium Sheet Price Index rose by 3.209% quarter-over-quarter, reflecting stronger import allocations.
- Aluminium Sheet Spot Price eased in June as abundant Chinese and Indian offers depressed premiums.
Aluminium Sheet Prices in Europe
- In Germany, the Aluminium Sheet Price Index rose by 21.6861% quarter-over-quarter, driven by higher feedstock.
- The average Aluminium Sheet price for the quarter was approximately USD 17099.33/MT, after energy surcharges.
- Aluminium Sheet Spot Price softened in June as downstream orders eased, prompting selective seller discounts.
- Aluminium Sheet Price Forecast indicates modest volatility, with moderate post-summer recovery supporting firmer list quotations.
- Aluminium Sheet Production Cost Trend reflected higher electricity and freight, compressing rolling conversion margins nationally.
- Aluminium Sheet Demand Outlook remains mixed; automotive export orders support volumes while construction demand weakens.
- Aluminium Sheet Price Index tightened as service centre inventories dropped below normal, supporting seller leverage.
- Major German rolling mills operated without outages, allowing steady shipments while export commitments absorbed production.
Why did the price of Aluminium Sheet change in June 2026 in Europe?
- Bauxite and slab supply tightness raised landed costs, reducing availability and supporting domestic price levels.
- Lower electricity and elevated freight influenced conversion costs, while Gulf shipping disruptions increased risk premiums.
- Weaker domestic orders versus robust export demand produced mixed signals, prompting mills to adjust prices.
Aluminium Sheet Prices in MEA
- In United Arab Emirates, the Aluminium Sheet Price Index rose by 8.06% quarter-over-quarter, tightening imports.
- The average Aluminium Sheet price for the quarter was approximately USD 3850.33/MT, CFR basis delivered.
- Aluminium Sheet Spot Price eased in June as ample Asian export allocations outweighed freight increases.
- Aluminium Sheet Price Forecast expects mid-year volatility driven by freight premia and inventory restocking patterns.
- Aluminium Sheet Production Cost Trend remained subdued as ingot costs eased, while insurance raised costs.
- Aluminium Sheet Demand Outlook remains steady with construction and packaging pull-through, but cautious restocking persists.
- Aluminium Sheet Price Index reflected thinner free-zone inventories and softer re-export demand, limiting sellers' leverage.
- Major Asian mills remained operational, yet Hormuz transit risk and insurance premia supported CFR resilience.
Why did the price of Aluminium Sheet change in June 2026 in MEA?
- Increased Chinese and Indian export allocations raised supply, exerting downward pressure on spot prices regionally.
- Shanghai-Jebel Ali container rates increased, slightly raising landed costs, though base sheet premiums fell overall.
- Comfortable inventories and post-Ramadan order delays reduced buying urgency, prompting sellers to offer discounts widely.
For the Quarter Ending March 2026
Aluminium Sheet Price in North America
- In USA, the Aluminium Sheet Price Index rose by 9.15% quarter-over-quarter, driven by constrained imports.
- The average Aluminium Sheet price for the quarter was approximately USD 6478.33/MT, reflecting upstream costs.
- Tight arrivals and freight surcharges lifted the Aluminium Sheet Spot Price and raised Price Index.
- SHFE strength plus freight increases pushed Aluminium Sheet Production Cost Trend higher, compressing mill margins.
- Strong automotive and construction procurement supported Aluminium Sheet Demand Outlook, prompting precautionary restocking by distributors.
- Seasonal restocking and forward curves shaped Aluminium Sheet Price Forecast, suggesting modest gains into spring.
- Export diversions and Section 232 quotas tightened supplies, lifting Aluminium Sheet Price Index, prompting premiums.
- Port congestion and war-risk insurance elevated landed costs, reducing available stock and supporting firmer dynamics.
Why did the price of Aluminium Sheet change in March 2026 in North America?
- Constrained imports from Canada, South Korea and Bahrain tightened supply, elevating CFR-NewYork quotations.
- Geopolitical tension around Strait of Hormuz raised freight and insurance, increasing landed aluminium sheet costs.
- Steady downstream consumption plus precautionary restocking by automakers and distributors sustained demand against tighter supply.
Aluminium Sheet Price in APAC
- In Malaysia, the Aluminium Sheet Price Index rose by 8.67% quarter-over-quarter, driven by constrained supply.
- The average Aluminium Sheet price for the quarter was approximately USD 3555/MT per trade data.
- Aluminium Sheet Spot Price tightened as limited shipments raised landed offers, lifting domestic Price Index.
- Aluminium Sheet Price Forecast suggests modest near-term firmness amid summer procurement and war-risk freight premiums.
- Aluminium Sheet Production Cost Trend rose as higher SHFE aluminium and energy costs raised expenses.
- Aluminium Sheet Demand Outlook stays firm as construction, packaging, and electronics procurement maintained sheet offtake.
- Replenishment and export competition tightened prompt supply, pushing Aluminium Sheet Price Index higher on CFR.
- Chinese mill rate cuts and port congestion constrained shipments, keeping Aluminium Sheet Price Index supported.
Why did the price of Aluminium Sheet change in March 2026 in APAC?
- Chinese export reductions, lower mill rates, and bauxite cost inflation tightened available aluminium sheet supply.
- Port congestion and higher intra-Asian freight with war-risk surcharges increased landed costs, pressuring import offers.
- Sustained construction, packaging, and electronics procurement absorbed available volumes, preventing downside and supporting price strength.
Aluminium Sheet Price in Europe
- In Germany, the Aluminium Sheet Price Index rose by 10.8959% quarter-over-quarter, reflecting tightened aluminium supply.
- The average Aluminium Sheet price for the quarter was approximately USD 14052.00/MT, per tonne delivered
- Aluminium Sheet Spot Price strengthened as port congestion and inland logistics delays reduced prompt availability.
- Aluminium Sheet Price Forecast indicates modest easing then gradual summer firming driven by seasonal demand.
- Aluminium Sheet Production Cost Trend accelerated as gas and ETS levy increases hit conversion margins.
- Aluminium Sheet Demand Outlook supported by automotive and packaging restocking, construction demand remained suppressed seasonally.
- Aluminium Sheet Price Index showed heightened volatility as freight surcharges and precautionary stocking widened premiums.
- Producer curtailments and constrained feedstock inflows tightened spot market, while service center inventories remained uneven.
Why did the price of Aluminium Sheet change in March 2026 in Europe?
- Energy and ETS cost escalation raised rolling-mill conversion expenses, increasing delivered aluminium sheet production cost.
- Logistics bottlenecks and port congestion lengthened lead times, reducing availability and supporting higher spot premiums.
- Robust automotive and packaging procurement, plus precautionary stocking amid geopolitical uncertainty, strengthened short-term sheet demand.
Aluminium Sheet Price in MEA
- In UAE, the Aluminium Sheet Price Index rose by 7.85% quarter-over-quarter, driven by supply constraints.
- The average Aluminium Sheet price for the quarter was approximately USD 3563/MT CFR Jebel Ali
- Aluminium Sheet Spot Price firmed; Chinese mill output fell and port congestion raised landed costs.
- Aluminium Sheet Price Forecast shows summer strengthening supported by restocking and seasonal packaging procurement modestly
- Aluminium Sheet Production Cost Trend rose as SHFE aluminium rallied, raising alumina and energy expenses.
- Aluminium Sheet Demand Outlook remains firm with construction, beverage-can and EV enclosure procurement supporting demand.
- Aluminium Sheet Price Index volatility rose; buyers front-loaded purchases amid war-risk freight surcharges and delays.
- Inventories and export demand interactions kept offers elevated while many Chinese mills reduced operating rates.
Why did the price of Aluminium Sheet change in March 2026 in MEA?
- Chinese export curtailments and tighter ingot flows reduced prompt supply, tightening UAE aluminium sheet availability
- Rising aluminium, alumina and energy costs increased production expenses, lifting conversion premiums and landed values
- Logistics delays, higher freight and war-risk insurance extended lead times, prompting precautionary buying and stockbuilding.
For the Quarter Ending December 2025
Aluminium Sheet Price in North America
- In USA, the Aluminium Sheet Price Index rose by 5.2% quarter-over-quarter, reflecting tight supply and steady demand.
- The average Aluminium Sheet price for the quarter was approximately USD 6223.67/MT, reflecting New York costs.
- Aluminium Sheet Spot Price firmed as constrained imports and higher freight supported firm CFR offers regionally.
- Aluminium Sheet Price Forecast points to modest early-year gains as restocking and seasonal demand tighten availability.
- Aluminium Sheet Production Cost Trend rose on higher energy and freight, sustaining a firm price floor.
- Aluminium Sheet Demand Outlook stays supportive as automotive and packaging sectors maintain consumption despite cautious construction.
- Aluminium Sheet Price Index volatility eased in December as import inflows balanced shortages, softening upward pressure.
- Imports, tariff shifts and producer outages affected availability, while logistics influenced CFR New York delivery.
Why did the price of Aluminium Sheet change in December 2025 in North America?
- Steady import supply and eased container freight reduced landed costs, which offset metal rally pressure.
- Automotive and packaging demand remained cautious but stable, prompting inventory discipline and muted spot purchasing.
- Absence of major outages and normalized mill output allowed contractual shipments, preventing tightness in December.
Aluminium Sheet Price in APAC
- In Malaysia, the Aluminium Sheet Price Index rose by 4.1% quarter-over-quarter, reflecting tighter supply conditions.
- The average Aluminium Sheet price for the quarter was approximately USD 3271.33/MT, per CFR-Klang data.
- Aluminium Sheet Spot Price tightened as Chinese mill output fell and freight raised landed costs.
- Aluminium Sheet Price Forecast expects pre-Lunar-New-Year restocking to sustain CFR offers and bids into January.
- Aluminium Sheet Production Cost Trend remains firm as elevated energy and smelting premiums pressure feedstock.
- Aluminium Sheet Demand Outlook steady with construction and packaging absorbing volumes and limiting sharp spot volatility.
- Aluminium Sheet Price Index rose on constrained imports, distributor buffers, and selective seller pricing discipline.
- Inventory buffers and year-end discounting moderated December gains despite upstream disruptions and tightening logistics-constraints.
Why did the price of Aluminium Sheet change in December 2025 in APAC?
- Reduced Chinese operating rates and environmental controls constrained exports, raising landed costs and tightening supply.
- Higher freight plus logistics disruptions lengthened transit times, increasing premiums and thereby pressuring CFR offers.
- Distributor buffer inventories and year-end discounting limited sharper rises despite steady construction and packaging demand.
Aluminium Sheet Price in Europe
- In Germany, the Aluminium Sheet Price Index rose by 3.9% quarter-over-quarter, supported by feedstock costs.
- The average Aluminium Sheet price for the quarter was approximately USD 12618.00/MT, per trade reports.
- Aluminium Sheet Spot Price remained firm in Q4; Price Index tracked rising LME aluminium costs.
- Aluminium Sheet Production Cost Trend showed upward pressure driven by higher ingot and electricity tariffs.
- Aluminium Sheet Demand Outlook points to selective automotive restocking, supporting the Aluminium Sheet Price Forecast.
- Aluminium Sheet Price Index gains were tempered by inventories and exports, limiting domestic spot availability.
- Major producers kept cautious allocations as Constellium capacity shifts reduced merchant tonnage, tightening spot offers.
- Logistics normalized as Rhine barge flows improved, easing feedstock bottlenecks but keeping sourcing complexity elevated.
Why did the price of Aluminium Sheet change in December 2025 in Europe?
- LME draws and firmer primary aluminium increased conversion costs, pressuring domestic sheet offers in Q4.
- Automotive restocking supported demand while construction weakness constrained broader offtake, balancing near-term pricing pressure in December.
- Normalized Rhine logistics reduced delays, but CBAM reporting and selective sourcing maintained import complexity premiums.
Aluminium Sheet Price in MEA
- In United Arab Emirates, the Aluminium Sheet Price Index rose by 6.10% quarter-over-quarter, due to tighter imports.
- The average Aluminium Sheet price for the quarter was approximately USD 3303.67/MT, reported on CFR Mina Jebel Ali.
- Aluminium Sheet Spot Price showed volatility as spot offers firmed, supporting upward Price Index trajectory.
- Aluminium Sheet Price Forecast indicates modest gains as Production Cost Trend in China stays elevated.
- Demand Outlook for construction and packaging sustained purchases, reinforcing the Aluminium Sheet Price Index at higher levels.
- Inventory draws among UAE distributors limited immediate upside, while export demand from GCC supported sustained CFR offers.
- Chinese mill outages and tighter feedstock flows tightened global supply, prompting suppliers to protect margins and lift offers.
Why did the price of Aluminium Sheet change in December 2025 in MEA?
- Upstream Chinese production restrictions reduced export volumes, tightening UAE import availability and lifting landed costs.
- Higher China–UAE freight rates and longer transit routes increased landed prices despite adequate local buffer inventories.
- Stable domestic demand from construction and fabrication limited downward pressure, keeping Price Index slightly firm.
For the Quarter Ending September 2025
North America
• In the USA, the Aluminium Sheet Price Index rose by 4.9% quarter-over-quarter, driven by tariff-induced feedstock cost shock.
• The average Aluminium Sheet price for the quarter was approximately USD 5915/MT, reflecting elevated landed costs from Midwest premium expansions.
• Aluminium Sheet Spot Price rose on import bottlenecks while Aluminium Sheet Production Cost Trend reflected inflated Midwest premiums.
• Aluminium Sheet Price Forecast for coming months anticipates volatility driven by tariff policy and inventory rebalancing signals.
• Aluminium Sheet Demand Outlook remains subdued as construction weakness and substitution risk offset automotive sector support.
• Rising inventories and constrained exports tempered the Aluminium Sheet Price Index, pressuring traders to delay discretionary purchases.
• Logistics expenses and duty escalations elevated landed costs, reinforcing the Aluminium Sheet Production Cost Trend and importer pass-through.
• Market participants adjusted procurement timing, influencing short-term Aluminium Sheet Spot Price and smoothing acute volatility pressures.
Why did the price of Aluminium Sheet change in September 2025 in North America?
• Tariff-induced primary aluminum shortages elevated Midwest premium, increasing import landed costs and final sheet prices.
• Weak construction demand and substitution pressures reduced immediate consumption, limiting sustained upward price momentum thereby.
• Elevated logistics and tariff pass-throughs constrained imports while inventory adjustments moderated spot market volatility downside.
APAC
• In Malaysia, the Aluminium Alloy Sheet Price Index rose by 3.05% quarter-over-quarter, reflecting freight-driven cost increases.
• The average Aluminium Alloy Sheet price for the quarter was approximately USD 3142.33/MT, per CFR assessments.
• Aluminium Alloy Sheet Spot Price experienced constrained upside as CFR freight increases limited buyer urgency, reducing transactions.
• Aluminium Alloy Sheet Price Forecast expects modest monthly variation as freight eases and periodic restocking supports limited upside.
• Aluminium Alloy Sheet Production Cost Trend reflects elevated logistics charges, raising landed costs despite stable primary metal pricing.
• Aluminium Alloy Sheet Demand Outlook is cautious; construction supports volumes but private-sector procurement remains selective and measured.
• Aluminium Alloy Sheet Price Index reacted to Chinese export flows, port congestion, and transient seller pass-through of costs.
• Operational statuses and distributor inventories moderated volatility, allowing orderly adjustments rather than abrupt spot price spikes.
Why did the price of Aluminium Alloy Sheet change in September 2025 in APAC?
• Elevated intra-Asia freight and port congestion increased landed costs, passing higher logistics expenses through to buyers.
• Adequate Chinese export availability reduced urgency, so Malaysian buyers tempered bookings despite elevated landed costs.
• Subdued domestic procurement and inventory drawdowns limited demand, constraining price gains despite ongoing cost pressures.
Europe
• In Germany, the Aluminium Price Index fell by 3.42% quarter-over-quarter, reflecting restrained downstream buying activity.
• The average Aluminium price for the quarter was approximately USD 12194.33/MT, FD-Koblenz basis reflecting stability.
• Aluminium Spot Price showed intermittent firmness as front-loaded automotive purchases counterbalanced softer construction demand patterns.
• Aluminium Price Forecast suggests volatility with alternating rebounds driven by automotive ordering and inventory adjustments.
• Aluminium Production Cost Trend remained elevated due to high power tariffs and EU ETS charges.
• Aluminium Demand Outlook shows automotive and aerospace strength offset by weak construction and cautious destocking.
• Aluminium Price Index movements tracked LME volatility, rising exchange stocks, and domestic buying for throughput.
• Mills operated reliably, with Aleris Koblenz avoiding outages, preserving conversion capacity amid logistical cost headwinds.
Why did the price of Aluminium change in September 2025 in Europe?
• Rising LME and exchange inventories increased oversupply, weakening mill pricing power and pressuring domestic terms.
• Elevated energy tariffs and EU ETS charges raised conversion costs, compelling mills to defend margins.
• Automotive and aerospace buying supported niche volumes, but cautious restocking and logistics costs limited recovery.
MEA
• In United Arab Emirates, the Aluminium Sheet Price Index rose by 2.63% quarter-over-quarter, from freight.
• The average Aluminium Sheet price for the quarter was approximately USD 3113.67/MT, reflecting CFR pressures.
• Aluminium Sheet Spot Price stable while Aluminium Sheet Production Cost Trend rose due to freight.
• Aluminium Sheet Price Forecast suggests variation as the Aluminium Sheet Price Index reacts to logistics.
• Aluminium Sheet Demand Outlook largely supported by state infrastructure projects, offsetting softer private sector activity.
• Aluminium Sheet Price Index reflected inventory draws, export demand, Chinese inflows and ongoing logistical tightness.
• Rising alloy input costs drove the Aluminium Sheet Production Cost Trend upward, squeezing supplier margins.
• Importer operational continuity preserved supply, while Aluminium Sheet Price Forecast remains vulnerable to freight risks.
Why did the price of Aluminium Sheet change in September 2025 in MEA?
• State infrastructure procurement sustained demand, offsetting softer private sector activity and supporting CFR import prices.
• Rising freight and input costs increased landed expenses, pressuring importers and translating into CFR pricing.
• Chinese export inflows eased shortages; logistical delays and geopolitical uncertainty maintained overall cautious buyer behaviour.
