Aluminium scrap desk · Nordic Flanges Oy
What to pay, and where to buy
Your floor — what your suppliers get without you
June 20263 months ago€2,441/t
+3.2% on the month · 4,163 t left the country
Finnish scrap sold abroad fetched this. Offer under it for long and your suppliers put the material on a ship instead.
- Cheapest source into the EU
- €2,029/t
- What EU buyers pay
- €1,352–€2,461/t
- Imported into Finland
- €1,352/t
Norway · 4,063 t
Finland to Austria
1,075 t — small, and noisy
Where Europe buys its scrap
Landed price by origin, cheapest first. All CIF — freight to the border is inside the number.
| Bought from | Landed price | Against the range | Volume | 12 months | Period |
|---|---|---|---|---|---|
| Norway | €2,029/t−1.9% | 4,063 t | June 20263 months ago | ||
| Switzerland | €2,113/t+4.3% | 14,129 t | June 20263 months ago | ||
| Inside the EUall origins | €2,210/t+5.9% | 302,566 t | May 20264 months ago | ||
| United Kingdom | €2,395/t+2.7% | 9,600 t | June 20263 months ago | ||
| Türkiye | €2,532/t+5.4% | 2,988 t | June 20263 months ago | ||
| Outside the EUall origins | €2,532/t+4.2% | 67,134 t | June 20263 months ago | ||
| Bosnia and Herzegovina | €2,705/t+1.2% | 1,963 t | June 20263 months ago | ||
| Israel | €2,754/t−1.6% | 3,973 t | June 20263 months ago | ||
| United States | €2,812/t+6.8% | 5,615 t | June 20263 months ago |
What other EU buyers pay
Imported scrap, last published month. The benchmark your invoices cannot give you.
- Finland€1,352/t1,075 t+27%
- Denmark€1,859/t2,912 t+32%
- Netherlands€1,897/t20,693 t+21%
- Germany€2,147/t94,441 t+23%
- Italy€2,171/t51,949 t+22%
- Spain€2,195/t24,064 t+51%
- Poland€2,281/t21,495 t+38%
- Austria€2,461/t22,712 t+27%
Bars run from €1,241/t, not from zeroMay 2026
Finland is not cheap, it is small. It imports 1,075 t a month against Germany’s 94,441 t, so its figure is a grade mix as much as a price. Read the big-volume countries as the market level.
Which way it is going
The timing half of buy-now-or-wait.
| Metal priceWhat suppliers quote against | €2,766/t−8.2% | July 20262 months ago | |
|---|---|---|---|
| Scrap direction, US indexTwo months fresher | 471.3+1.7% | July 20262 months ago | |
| Metal forecast, 2027World Bank, not ours | $3,000/t−6.3% | April 2026 |
›Scrap by grade — clean, turnings, old
- Solids and clippings (new scrap)
- +2.1%
- Borings and turnings
- +2.0%
- Old aluminium scrap
- +0.1%
July 2026
July 2026
July 2026
US producer price indices — the only free source that splits the grades at all. Read the move, not the level: BLS resumed these in June 2026, so there are two months of history, and each index sits on its own base, so they cannot be compared with one another.
Euro against your suppliers' currencies
A stronger euro makes their scrap cheaper for you.
- EUR/NOKNorway
- 10.809−8.3% yr
- EUR/SEKSweden
- 11.1575+0.4% yr
- EUR/CHFSwitzerland
- 0.9424+0.8% yr
- EUR/GBPUnited Kingdom
- 0.8587−0.5% yr
- EUR/USDMetal benchmark
- 1.1578−0.1% yr
Customs figures are compiled after the fact: a price labelled May is published in late July, so it describes a market months gone. It tells you where the level has been, not what to pay today.
The read · written by claude-opus-5, not a person
2 Sept 2026
Your floor is EUR 2,441/t and rising. Norway is the cheap route in.
Finnish scrap left the country at EUR 2,441/t in June, up 3.2% on the month — that is what your suppliers get without you, and it is the number to negotiate against. Norwegian material landed in the EU at EUR 2,029/t, well under the EUR 2,210/t Europe pays internally. Exchange stocks at a 36-year low and a proposed EU export duty pull in opposite directions over the next year.
- Their outside offer is strong this quarter. Finland ships out several times more scrap than it imports, so the export price is a real competitor for domestic material rather than a footnote. At EUR 2,441/t and rising, a supplier who does not like your offer has somewhere to go.
- Norway is the cheapest way into Europe, by a wide margin. Norwegian scrap landed at EUR 2,029/t against EUR 2,210/t from inside the union and EUR 2,812/t from the US. It is CIF, so freight is already in the number, and 4,063 t a month is enough volume to be a real supply option. The euro is also up 8.3% on the krone over the year, which does the same work without anyone renegotiating.
- The metal your suppliers quote against is falling, but stocks are at a 36-year low. The benchmark is down 11.7% since May, which usually drags scrap asking prices with it. Against that, exchange stocks are the lowest since 1990 and US scrap prices rose 3.8% over the same two months. Expect firm asks despite the falling benchmark.
What has moved since
All news →- LME Aluminum Inventories Fall to Their Lowest Level Since 1990 as Supply Disruptions Deepen
pushes your price up. Exchange stocks at a 36-year low is the strongest argument your suppliers have, and it is real. It hardens every scrap quote you receive.
Межа. Новини України. · 13 Aug 2026worth acting on
- The EU plans to introduce a 15% duty on exports of aluminium scrap – FT
pushes your price down. A 15% export duty would tax your suppliers' alternative buyer, which is the only reason their asking price holds. Reported by the FT, so it is a plan, not a text.
GMK Center · 29 Jun 2026worth acting on
- Top Gulf aluminum producer EGA halted output after Iran strike
pushes your price up. A halt at a major Gulf smelter took primary metal off the market and started the run that carried the benchmark from EUR 2,592/t in February to EUR 3,134/t in May.
Mining.com · 1 Apr 2026worth acting on
- Speira advances Rheinwerk aluminium recycling hub with $46m furnace investment
pushes your price up. A EUR 46m furnace is a new European bidder competing with you for the same scrap.
AL Circle · 4 Aug 2026
- India: Imported aluminium scrap prices increase W-o-W; LME aluminium edges up
pushes your price up. Imported scrap prices rising week-on-week in India is the clearest sign your suppliers currently have somewhere better to sell.
AL Circle · 24 Jul 2026