2019 Recycling Industry Yearbook

ISRI.ORG 25 ALUMINUM PRICE AND SCRAP VOLUMES 0.86 0.91 0.96 1.01 $1.06 ALUMINUM Aluminum holds the distinction of being both the youngest and the most widely used base nonferrous metal in the United States. Its lightweight, ductile, malleable, and corrosion-resistant characteristics make it a popular choice with engineers and manufacturers. Common sources of aluminum scrap include used beverage containers, house siding, radiators, wire and cable, automobiles, and airplanes. Aluminum prices at the London Metal Exchange fluctuated significantly in 2018 due to factors including the U.S. imposition of Section 232 import tariffs on aluminum products, Chinese retaliatory tariffs on its imports of U.S. aluminum scrap, and U.S. sanctions against Russian aluminum producer UCRusal. Aluminum metal recovered from purchased new and old scrap in the United States totaled about 3.7 million mt, according to USGS figures, essentially unchanged from 2017. About 58% of that supply came from prompt scrap and 42% from old scrap, it notes.

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