Old Sheet Scrap
Wrought · post-consumer rolled sheet
A wrought grade, so it tracks LME High Grade rather than the cast-alloy assessments.
Discount to LME −€1,324/t · −1.35σ vs 2-year norm · Asia +€11/t vs EU
- Estimated fair value
- €1,541/t
- Discount to LME
- −€1,324/t
- Position vs normal
- −1.35σ
- Asia gap
- +€11/t
+1.2% this week
-46.2% below metal
Outside the usual range
Asia pays more
Price history
Paid·WeeklyTwo years of weekly closes against the aluminium benchmark, both in EUR/tonne on one axis. The gap between the lines is the discount you buy at.
On forecasting
We don't forecast, and we won't pretend to. No free provider forecasts aluminium scrap at all. The only free forecast that exists is the World Bank's Commodity Markets Outlook, which gives an annual average for primary aluminium, published twice a year — most recently $3,200/t for 2026 and $3,000/t for 2027. That is a useful planning anchor and we can show it. It is not a four-week view of what 226 will cost.
Discount to LME, against its normal range
Is this quote fair for where metal is — not just cheap or expensive in absolute terms?
This week sits outside the normal band — the kind of deviation worth acting on.
EU domestic vs Asia netback
What the same tonne is worth to your supplier in each direction, this week.
EU domestic
What you would pay locally
- Estimated fair value, delivered
- €1,541/t
Asia netback
HigherWhat your supplier nets shipping east
- Asia gross bid, CIF
- €1,648/t
- Ocean freight
- −€78/t
- Port & handling
- −€18/t
Delta
+€11/t
Asia pays better this week. A supplier quoting you above €1,541/t is not bluffing — though €11/t is a thin margin once they price the freight risk and the longer payment cycle.
Where these numbers come from
- Real — from your Stena workbook
- LME Aluminium High Grade. Price index WVM, LME and MB — weekly workbook supplied by Stena Recycling. LME last reported 12 Aug 2026; Metal Bulletin 14 Aug 2026; WVM 7 Jan 2026.
- Modelled for this concept
- Fair value is the reference index less a 44% scrap discount — melt loss, alloying, energy and refiner margin. The Asia bid, the freight deduction and the signal are illustrative. Your own purchase history is what would replace every one of these assumptions.
One year of estimated fair value ranged €1,261/t – €1,764/t.
Paid·Weekly Fastmarkets (Metal Bulletin) / WVM — The only way to price Alloy 226 separately from 231. No free equivalent exists.