What does this data mean?

MetalMiner Insights includes prices for 1000, 3000, 5000 and 6000 series aluminum. Capabilities include: LME aluminum and other global aluminum price points, should-cost models, buying signals, price forecasting (monthly, quarterly and annually), sourcing strategy recommendations and 100+ price feeds. MetalMiner Insights shows companies how to buy, when to buy and what to pay.







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1000, 3000, 5000 and 6000 Series Aluminum Prices.

It’s not enough to merely know the LME aluminum prices. After all, OEM’s and their extended supply chains don’t buy ingots. They purchase the semi-finished materials in multiple forms from sheet, coil and strips, to bars, tubes and extrusions. MetalMiner provides a more granular view of total cost, giving the buying organization at least 45% more visibility into the total costs they actually pay.

Aluminum ingots with aluminum prices

Should-Cost Models

Some Details about this Table

The aluminum prices should-cost models contain European, Chinese and North American detailed aluminum price points. In addition to this, this price data covers a full range of 1000, 3000, 5000 and 6000 series semi-finished products. Furthermore, the models include the LME aluminum price, associated geographic premiums, conversion premiums, freight and import duties.

Sample Should-Cost for 3XXX Aluminum Prices


All Aluminum Prices

LME Primary 3 Month
LME Primary Cash
LME Aluminum Alloy Primary 3 Month
LME Aluminum Alloy Primary Cash
LME Aluminum NASAAC Primary Cash
US Midwest Premium Futures 3 Month

US 1000, 3000, 5000, 6000 Series Flat Rolled
European 1000, 5000, 6000 Series Flat Rolled
European 6082 Bar and Plate
European 5083 Plate
Korean 1000, 3000 and 5000 Series Flat Rolled
China Bar and Billet and India Cash
European LME Premium

Periodic Table of the Elements

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Look at Our Forecast Track Record

Ignore the noise, but know the trend. View MetalMiner’s track record on aluminum price forecasts. By calling a bullish market or calling a bearish market, buying organizations can always generate cost savings or cost avoidance. 


Never second-guess your metal buying decisions again.

Some may argue that timing an aluminum buy appears speculative. Furthermore, others say spot buying means speculative buying! Merely having a specific price of aluminum per pound via fundamental analysis (e.g. supply and demand) rarely equates to an actionable buying strategy, particularly with high market volatility. Understanding the aluminum price from a short term and long term perspective allows buyers to alter strategies in falling, sideways, and rising markets – as well as save money by timing the buy.

For new procurement professionals or those that have the exciting responsibility of managing an aluminum category for the first time, this brief on the 5 best practices of metal-based sourcing can help with upcoming supplier negotiations. Moreover, this brief describes how to use cost breakdowns to separate out the conversion/processing costs which make up the entire price.

Have an upcoming negotiation for aluminum sheet or coil? Make sure you know how your service centers will negotiate the aluminum price. Whether you buy 3003 aluminum sheet or 6061 extrusions, a strong understanding of which part of the aluminum price moves with an index and which elements should remain fixed will help mitigate market volatility.

MetalMiner Insights: the only metals
procurement platform.

How to buy, when to buy and what to pay.

MetalMiner serves as the leading metal market price intelligence brand. The company’s SaaS platform, MetalMiner (SM) Insights, provides forecasts, analysis and solutions for global manufacturers and other individuals in the industrial metals industry. Interested in steel prices today? What about copper prices? MetalMiner Insights provides a competitive advantage for buyers. It combines actionable should-cost models (real-time), AI-driven price forecasts, technical analysis and sourcing strategy recommendations.

Ready to Learn More? Schedule a Talk With Us.

Learn How We Partner With Our Clients

We’re always looking for input, as well as opportunities to expand our offerings to help buying organizations purchasing metal. Interested in steel metal prices and market trends? What about advice on copper prices, negotiations and cost-downs? Reach out to us and let us know!

What We Offer?

The goal of MetalMiner is to help manufacturers better manage margins. In addition to this, MetalMiner also assist companies in generating cost savings and cost avoidance, smoothing out volatility and meeting profitability targets. We use data – data science, data analysis, artificial intelligence, statistical analyses as well as technical analysis to provide buying organizations with specific actionable buying guidance.

When used consistently, MetalMiner’s buying guidance affords companies both cost savings and cost avoidance opportunities. 

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