- Aluminium sheet markets showed mixed movement during Q2 2026, with changing supply conditions, production costs and demand patterns influencing overall price trends.
- Primary aluminium costs remained the main production driver, with supply disruptions, premiums and easing upstream values affecting market conditions.
- Automotive, construction, power and manufacturing demand remained uneven, while export activity and trade measures influenced procurement and inventory decisions.
Asia
In China, Aluminium Sheet was assessed at around USD 3,506.00/MT in June, the closing month of the second quarter of 2026. The Chinese market entered Q2 with elevated raw-material costs, but conditions softened later as primary aluminium values eased and domestic sheet demand weakened. Export activity initially offered support, with Chinese aluminium plate, sheet and strip exports reaching 278,200 MT in March. By June, weaker new orders from automotive and general-purpose sheet consumers, together with expectations of softer upstream costs, encouraged buyers to delay purchases. Across India, prices of Aluminium Sheet stood at approximately USD 3,594.00/MT during June 2026. Indian conditions remained firmer as supply-chain disruptions and higher procurement costs supported replacement values, while infrastructure, transport and manufacturing demand maintained buying interest.
Europe
Within Germany, the Aluminium Sheet market was recorded at nearly USD 3,627.00/MT in June, the last month of the second quarter of 2026. Conditions in European aluminium sheet market remained strong in Q2 as rising energy, carbon and metal input prices increased rolling margins. Tight supplies and higher premiums raised replacement costs, especially for producers who used imported primary metal. Yet the automotive and industrial demand was rather mixed in Q2 and did not allow producers to fully increase their prices to compensate for the rising costs. Import competition also restricted further price increases. However, upstream pressure eased toward June as aluminium availability improved, bringing some relief to buyers after a particularly tight April-May period.
North America
In the United States, Aluminium Sheet was quoted at roughly USD 3,661.00/MT in June, the final month of Q2 2026. The North American market conditions remained similar to the other world markets during Q2'26. In addition to that, the additional tariff of 50% under Section 232 (effective April 6) on imported aluminium products made imported supplies more expensive. Demand from transport, packaging, construction and industrial applications provided support, although cautious manufacturing activity capped aggressive restocking patterns.