LME aluminum inventories rise in July 2025 amid volatile spot pricing
Aluminium Market 2025 to 2032: Deficit Economics, Decarbonisation and the Reshaping of Global Supply →LME aluminum spot settlement prices closed July 2025 at USD 2,580 per metric ton after fluctuating between USD 2,557 and USD 2,657. During the same month, LME aluminum inventories increased significantly from 348,625 metric tons to 461,025 metric tons. Increased U.S. import tariffs contributed to record highs in the Midwest premium, while market dynamic shifts point toward potential deficit conditions driven by Chinese capacity constraints.
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Monitor regional premium shifts and warehouse inventory movements
Tracking regional price spreads like the Midwest premium helps mitigate landed cost risks associated with trade policy shifts and inventory restructurings.
Source · think.ing.com
Source · mining.com
Source · strtrade.com
Source · aluminum.org
## North American Aluminum Demand Steady in 2025 Report shows recovery after decline through midyear As part of its monthly Aluminum Situation report, the Aluminum Association released preliminary estimates showing demand for the aluminum industry in North America (U.S. and Canada) increased 0.8% in 2025. The report shows improvement compared to the first