Aluminum
An energy-intensive metal: smelter power costs and trade measures shape where it is made and sold.
3,043
USD/t, +1.0% on the week
LME aluminum, indicative, week of October 23, 2026. Source: Commodities-API (commodities-api.com), indicative prices.
52 weeks of Friday closes
- Week
- +1.0%
- 13-week range
- 3,014 to 3,293
- 52-week range
- 2,766 to 3,770
- Over the year
- +5.5%
- Matters to
- North America, Gulf, Asia, Europe
Where Canada sells it
Aluminum: C$11.5 billion of Canadian exports in the 12 months to August 2026, 27% of it outside the United States.
Source: Statistics Canada, Canadian International Merchandise Trade Web Application (catalogue 71-607-X), domestic exports, by destination.
Largest buyers outside the United States
| Netherlands | C$1.9 billion |
|---|---|
| Mexico | C$508 million |
| Italy | C$488 million |
| Greece | C$57 million |
| Poland | C$50 million |
| Argentina | C$7.4 million |
Selling, buying or financing aluminum?
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