For the Quarter Ending June 2025
North America
• The Aluminium Wire Price Index in North America softened over Q2, reflecting modest price declines as supply exceeded demand across key markets.
• Aluminium Wire Production Cost Trend: cost pressures eased slightly due to lower raw-material prices and slumping energy costs, but reductions in import tariffs and trade volumes squeezed margin relief.
• Aluminium Wire Demand Outlook: demand from the automotive and construction sectors remained subdued through the quarter, especially as order books weakened in Mexico and the U.S. auto segment showed signs of softness.
• Aluminium Wire Price: supply overhang combined with sluggish draw from downstream sectors kept price levels under downward pressure throughout the quarter.
• Manufacturing and Supply Dynamics: by mid quarter, pipeline inventories looked ample, oversupply from domestic and import sources combined with logistic bottlenecks in cross-border trade exerted additional negative pressure on the price index.
• Aluminium Wire Price Forecast: short term outlook remained cautious; unless industrial activity rebounded or automotive offtake recovered, Price Index likely to stay under pressure in early Q3.
• Why did the price of aluminium wire change in July 2025 in North America?
As of mid July, base aluminium prices in the LME market were relatively stable compared to the prior month, showing minimal daily variation. This translated into flat to marginal movement in the Aluminium Wire Price Index for North America, suggesting prices did not change significantly in July 2025. If anything, the index held near the previous quarter's levels given the steady base price environment and continued subdued demand.
APAC
• The Aluminium Wire Price Index across APAC in Q2 2025 decreased by approximately 1% quarter on quarter, reflecting modest price softening region wide.
• Aluminium Wire Production Cost Trend: raw material and energy costs rose modestly during the quarter, squeezing margins; rising electricity rates across parts of Asia elevated smelting expenses, while logistics pressures added to cost burdens despite some easing later in the period.
• Aluminium Wire Demand Outlook: demand remained steady in key markets such as South Korea, supported by consistent offtake from construction, electrical infrastructure, renewable energy (solar, wind), and growing EV production, although residential construction activity slowed under high borrowing costs.
• By mid quarter, China’s aluminium wire operating rates declined to around 52–55%, especially among smaller producers, slowing supply; finished goods and raw inventory levels tightened in South Korea, while Indonesian exports provided some relief. Elevated freight and raw input expenses further pressured production costs.
• Demand in South Korea remained firm through Q2, driven by infrastructure and EV related demand, but was offset by weaker residential construction. The net result was balanced demand supply: firm pockets of demand prevented sharp price declines, yet oversupply and sluggish downstream restocking weighed on overall pricing.
• Aluminium Wire Price Forecast: short term outlook remains cautious; unless supply contracts or Chinese production adjusts significantly, Price Index may stay flat to mildly bearish into early Q3; however, medium term recovery is possible if demand from renewable energy and EV sectors accelerates later in 2025.
Why did the aluminium wire price change in July 2025 in Asia?
By late July, prices for primary aluminium saw modest gains. This uptick reflects improved sentiment in primary aluminium markets, which filters through to aluminium wire via supported scrap and input costs. Thus, in July 2025 the aluminium wire Price Index likely inched up slightly, driven by firming base aluminium prices and continued tight sourcing of raw inputs, offsetting some of the earlier Q2 softness.
Europe
• The Aluminium Wire Price Index across Europe trended downward over Q2, with weakening pricing as supply outpaced demand in several major manufacturing hubs.
• Aluminium Wire Production Cost Trend: production costs eased thanks to softer alumina and energy pricing, yet the lower cost base did little to lift sentiment in a weak demand environment.
• Aluminium Wire Demand Outlook: demand contracted noticeably in industrial sectors—new orders slowed across machinery, auto, and infrastructure segments, particularly in Germany and neighboring markets.
• Aluminium Wire Price: declining demand from industrial consumers, paired with expanding regional capacity, drove price softening through the quarter
• Input cost declines provided limited relief and margins remained under strain due to aggressive pricing competition and weak consumption.
• The outlook for the remainder of Q3 remained bearish, unless industrial activity in Europe picked up significantly or exports improved.
• Inventories and logistics: by quarter’s end, stocks remained elevated across key EU storage hubs with no notable disruptions to logistics, reinforcing bearish pricing conditions.
Why did the price of Aluminium Wire change in July 2025 in Europe?
In mid July, broader aluminium prices in Europe were showing modest gains month on month—regional reference prices edged upward. However, the weak demand scenario for aluminium wire meant the Aluminium Wire Price Index in Europe likely increased only marginally or remained flat in July 2025, with elevated inventories and low industrial uptake offsetting broader metal price firmness.
For the Quarter Ending March 2025
• Asia Pacific :- US$ 3591 /MT (MoM :-4% ; YoY :+2.7%)
Asia-Pacific (APAC)
• In Q1 2025, the Aluminium Wire Price Index in the APAC region moved upward, marking a bullish trend across key markets like China.
• Why did the price change in April 2025?: The price went high due to reduced production levels, regional supply constraints, and increased consumption from downstream sectors.
• China, as the primary regional influencer, recorded the highest growth, with the Aluminium Wire Spot Price reaching USD 3741/MT FOB Tianjin for Aluminium Wire (8011 – 10 mm) by the quarter ending March 2025.
• Despite initial volatility, the market displayed resilience, underpinned by stronger-than-expected demand, especially in industrial manufacturing.
• Minor logistical disruptions and external factors also impacted the Aluminium Wire Production Cost Trend, but did not reverse the overall price gains.
• The Aluminium Wire Demand Outlook remained optimistic for APAC, further supporting a strong price forecast heading into Q2.
North America
• Aluminium Wire Price Index in North America followed a downward trend during Q1 2025, registering a decrease compared to the same period last year.
• Moving to the next quarter, the Aluminium Wire Spot Price declined sharply in April 2025, mainly due to oversupply, reflecting low demand outlook, particularly from the automotive sector.
• Why did the price change in April 2025?: The price went low due to seasonal factors, the implementation of tariffs, and trade flow disruptions—especially pronounced in Mexico.
• In Mexico, newly imposed tariffs by the US and persistent supply chain issues triggered volatility, driving the Aluminium Wire Price Index downward.
• Overall, the quarter closed with Aluminium Wire prices reflecting market instability, a bearish price forecast, and a negative sentiment for Q2 2025.
• The Aluminium Wire Production Cost Trend was also impacted by regulatory pressure and sluggish raw material pricing, though demand remained insufficient to offset cost benefits.
Europe
• The Aluminium Wire Price Index across Europe showed a declining trend in Q1 2025, led by significant reductions in Germany.
• Why did the price change in April 2025?: The price went low owing to a drop in downstream demand, particularly due to a reduction in new orders and manufacturing sector slowdown.
• Germany’s prices fell further due to supply imbalances introduced by a newly operational aluminium billet casting line in a neighbouring country, enhancing regional supply.
• Increased global alumina availability lowered Aluminium Wire Production Cost Trends, contributing to the bearish market.
• Despite some market capacity additions, weak new order volumes signalled a soft Aluminium Wire Demand Outlook heading into the second quarter.
• The overall Aluminium Wire Price Forecast for Europe remains subdued, with no immediate triggers for recovery.
For the Quarter Ending December 2024
North America
The fourth quarter of 2024 for Aluminium Wire pricing in North America has been characterized by a downward trend, with significant factors influencing market prices. Additionally, the market has experienced a decrease compared to the same quarter last year, reflecting challenges in supply and demand dynamics.
Moreover, A key driver of this decline has been oversupply, exacerbated by global economic uncertainties and regulatory changes impacting trade flows. In Mexico, which has seen the most substantial price changes, the market has been volatile due to newly imposed tariffs and disruptions in supply chains. Furthermore, seasonal factors and the implementation of tariffs have led to price fluctuations. The correlation in price changes between the first and second half of the quarter, indicates a sustained downward trajectory.
Conversely, demand is notably low, primarily due to challenges in the automotive sector, a key consumer of Aluminium Wire products. Moreover, the latest quarter-ending price underscores the negative pricing environment, reflecting a challenging period marked by uncertainties and market instability.
Europe
Throughout fourth quarter 2024, the Aluminium Wire market in Europe experienced a downward trend in prices, with Germany showcasing the most significant price changes. Furthermore, this decrease was influenced by several key factors. Additionally, a decline in demand from the downstream sector, particularly driven by decrease in news orders, played a crucial role in declining in prices. Additionally, supply increase in global alumina resources decreases production costs, further supporting the price surge. In Germany specifically, the market saw an imbalanced supply situation, with the commissioning of a new aluminium billet casting line in a neighbouring country contributing to improved regional supply capabilities. Despite challenges in the manufacturing sector, the overall trend in Europe indicated a negative outlook for Aluminium Wire prices. Moreover, the quarter recorded a price decrease from the previous quarter, with a notable decrease between the first and second halves of the quarter. Ultimately, the fourth quarter ended with Aluminium Wire in Germany, reflecting a bearish pricing environment.
APAC
In quarter fourth 2024, the Aluminium Wire market in the APAC Region saw a notable increase in prices, driven by various factors shaping the market dynamics. Additionally, supply stability, influenced by factors like increased production levels and external market conditions, played a crucial role in the price uptick. Moreover, Demand conditions were moderate, with challenges stemming from economic uncertainties and fluctuating consumer sentiment within the region. China, being a significant player, experienced the most substantial price changes, with a bullish trend observed in the market. additionally, the quarter showcased a positive correlation between supply adjustments and price movements, with minor fluctuations between the fourth and third quarter. Despite a slight dip from the previous quarter, the overall trend was upward, reflecting a resilient pricing environment. The quarter-ending price of USD 3475/MT of Aluminium Wire (8011- 10 mm) FOB Tianjin in China solidified the positive trajectory witnessed throughout the quarter. Furthermore, notable disruptions included logistical challenges and supply chain adjustments, impacting market dynamics.
For the Quarter Ending September 2024
North America
The third quarter of 2024 for Aluminium Wire pricing in North America has been characterized by a downward trend, with significant factors influencing market prices. Additionally, the market has experienced a decrease compared to the same quarter last year, reflecting challenges in supply and demand dynamics. Moreover, A key driver of this decline has been oversupply, exacerbated by global economic uncertainties and regulatory changes impacting trade flows.
In Mexico, which has seen the most substantial price changes, the market has been volatile due to newly imposed tariffs and disruptions in supply chains. Furthermore, seasonal factors and the implementation of tariffs have led to price fluctuations. The correlation in price changes between the first and second half of the quarter, indicates a sustained downward trajectory. Conversely, demand is notably low, primarily due to challenges in the automotive sector, a key consumer of Aluminium Wire products.
Moreover, the latest quarter-ending price underscores the negative pricing environment, reflecting a challenging period marked by uncertainties and market instability.
APAC
In Q3 2024, the Aluminium Wire market in the APAC Region saw a notable increase in prices, driven by various factors shaping the market dynamics. Additionally, supply stability, influenced by factors like increased production levels and external market conditions, played a crucial role in the price uptick. Moreover, Demand conditions were moderate, with challenges stemming from economic uncertainties and fluctuating consumer sentiment within the region.
China, being a significant player, experienced the most substantial price changes, with a bullish trend observed in the market. Additionally, the quarter showcased a positive correlation between supply adjustments and price movements, with minor fluctuations between the first and second halves of the quarter. Despite a slight dip from the previous quarter, the overall trend was upward, reflecting a resilient pricing environment.
The quarter-ending price of USD 3479/MT of Aluminium Wire (8011- 10 mm) FOB Tianjin in China solidified the positive trajectory witnessed throughout the quarter. Furthermore, notable disruptions included logistical challenges and supply chain adjustments, impacting market dynamics.
Europe
Throughout Q3 2024, the Aluminium Wire market in Europe experienced a notable uptrend in prices, with Germany showcasing the most significant price changes. Furthermore, this increase was influenced by several key factors. Firstly, a surge in demand from the aviation sector, particularly driven by large orders from major airlines, played a crucial role in boosting prices. Additionally, supply constraints in global alumina and bauxite resources heightened production costs, further supporting the price surge. In Germany specifically, the market saw a balanced supply situation, with the commissioning of a new aluminium billet casting line in a neighbouring country contributing to improved regional supply capabilities. Despite challenges in the manufacturing sector, the overall trend in Europe indicated a positive outlook for Aluminium Wire prices. Moreover, the quarter recorded a 3% price increase from the previous quarter, with a notable increase between the first and second halves of the quarter. Ultimately, the quarter ended with Aluminium Wire in Germany, reflecting a bullish pricing environment.
FAQs
Q1: What's driving current aluminium wire price trends globally?
Prices are influenced by demand from construction, electrical transmission, and particularly the growing automotive (EV) sector. Raw material costs, especially aluminum and electricity prices, also play a significant role.
Q2: Which regions see the highest demand for aluminium wire?
Asia Pacific, especially China and India, dominates due to rapid urbanization, industrialization, and significant infrastructure investments. North America and Europe also show strong demand driven by grid modernization.
Q3: What are the primary applications of aluminium wire?
Aluminium wire is extensively used in electrical wiring (transmission and distribution), construction (building wires), and the automotive industry (especially for lightweighting in EVs). It's also used in renewable energy projects like solar and wind.
Q4: What are the main challenges for the global aluminium wire market?
Challenges include fluctuating raw material prices, intense competition from substitutes like copper, and the need for specialized installation techniques. However, its cost-effectiveness and lightweight properties offer significant advantages.
