Launch of CIF Southeast Asia aluminium scrap price assessments: pricing notice

These new prices will complement Fastmarkets’ already-extensive range of global aluminium scrap prices.

The Southeast Asian markets are important importers of material from the US, the UK and Europe, for which Fastmarkets already publishes benchmark prices. Alongside import prices for India launched in 2024, these new assessments will provide valuable insight into the international markets for traders and aluminium producers around the world. 

The specifications for the new prices are as follows:

MB-AL-0409 – Zorba, 98/2, CIF Southeast Asia, $/tonne
Quality: Shredded non-ferrous scrap made up of a combination of aluminium, copper, lead, magnesium, stainless steel, nickel, tin, and zinc, in elemental or alloyed (solid) form. Zorba assessed shall have a minimum of 98% metallic content and 2% copper and brass. Must be in large parcels of 30-125 mm pieces.
Quantity: Minimum 15 tonnes
Location: CIF Southeast Asia
Timing: Within eight weeks
Unit: US dollar/tonne
Payment: Cash
Publication: Weekly, Tuesdays at 4pm UK time
Notes: Japan-origin material generally excluded due to wider variance in quality compared with US/Europe-origin

MB-AL-0410 – Aluminium scrap, 95/5 Extrusions (Tata), CIF Southeast Asia, $/tonne
Quality: Shall consist of one alloy (typically 6063/HE9) of 95% clean, 5% impure material. Material may contain butt ends from the extrusion process but must be free of any foreign contamination. Anodized material is acceptable.
Quantity: Minimum 15 tonnes
Location: CIF Southeast Asia
Unit: US dollar/tonne
Timing: Within eight weeks
Payment: Cash
Publication: Weekly, Tuesdays at 4pm UK time
Notes: Japan-origin material generally excluded due to wider variance in quality compared with US/Europe-origin

MB-AL-0411 – Aluminium scrap, used beverage cans (Taldon), CIF Southeast Asia, $/tonne
Quality: Shall have a minimum density of 14 pounds per cubic foot (225 kg/cubic meter), and a maximum density of 17 pounds per cubic foot (273 kg/cubic meter) for unflattened used beverage cans (UBC) and 22 pounds per cubic foot (353 kg/cubic meter) for flattened UBC. Size: Minimum 30 cubic feet (0.85 cubic meter), with bale range dimensions of 24-40in (61-132 cm) by 30-52in (76-132 cm) by 40-84in(102-213 cm). The only acceptable tying method shall be as follows: four to six 5/8in (1.6 cm) x 0.020in (5 mm) steel bands, or six to 10 #13 gauge steel wires (aluminium bands or wires are acceptable in equivalent strength and number). Use of skids and/or support sheets of any material is not acceptable. Shall consist of old post-consumer aluminium UBC. Must be free of aluminium food cans, other scrap metals, foil, tin cans, plastic bottles, paper, glass and other non-metallic items. Must be magnetically separated and free of steel, plastic, glass, dirt and all other foreign substances. Any and all aluminium items other than UBC are unacceptable. Any free lead is a basis for rejection. Items not covered in the specification, including moisture and any variations to this specification should be agreed upon prior to shipment between the buyer and seller.
Quantity: Minimum 15 tonnes
Location: CIF Southeast Asia
Timing: Within eight weeks
Unit: US dollar/tonne
Payment: Cash
Publication: Weekly, Tuesdays at 4pm UK time
Notes: Japan-origin material generally excluded due to wider variance in quality compared with US/Europe-origin

MB-AL-0412 – Aluminium scrap, borings and turnings (Telic), CIF Southeast Asia, $/tonne
Quality: Shall consist of aluminium borings and turnings that are clean, unmixed, uncorroded and completely free of excessive oil and steel. Must not contain other alloys of aluminium and be free of grindings and babbitts. Must also be free of the following: thermo-break, saw chips, paper, cardboard and other foreign contamination; free of zinc corners, iron attachments, plastic, cardboard, foil, Venetian blinds, castings, hair wire, screen wire, radiator shells, airplane sheet, bottle caps, dirt and other non-metallic items. Typically, has 98-99% aluminium content.
Quantity: Minimum 15 tonnes
Location: CIF Southeast Asia
Unit: US dollar/tonne
Timing: Within eight weeks
Payment: Cash
Publication: Weekly, Tuesdays at 4pm UK time
Notes: Japan-origin material generally excluded due to wider variance in quality compared with US/Europe-origin

These prices are a part of the Fastmarkets scrap package.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Carman Chew by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Carman Chew re: CIF SEA aluminium scrap prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.