May 2022 Aluminum UpdateMay 2, 2022
The Midwest Average pricing on raw aluminum decreased through the month of April, ending the month at a $1.88 per pound average (rounded two places). This would be a $0.12 per pound decrease from prior month, and a welcome sight compared to the recent high numbers we have been seeing for raw material. Demand does continue to remain high, though, and this will continue for the foreseeable future. High demand and high energy cost will continue to drive pricing on this commodity.