Aluminum Pricing
Current Midwest Average
The Midwest Transaction Price (MWTP) is the primary benchmark used across the U.S. aluminum industry to determine raw material costs. Tower Extrusions monitors this index closely to ensure all customer pricing remains fair, consistent, and aligned with current market conditions.
April
Midwest Average Price per Pound
$2.749
Pricing Impact
The role of the Midwest Average in our pricing.
Tower bases its aluminum surcharge on the published Midwest Average, ensuring pricing that is transparent, consistent, and aligned with real market conditions. As the index moves, our material costs adjust accordingly, providing customers with predictable, benchmarked pricing.
Historical Pricing
Historical Midwest Average aluminum pricing.
Below is a historical record of the month-by-month Midwest Average, giving buyers and procurement teams transparency into long-term trends.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
[YEAR]
$1.258
May 2018
$1.233
Jun 2018
$1.157
Jul 2018
$1.135
Aug 2018
$1.124
Sep 2018
$1.121
Oct 2018
$1.073
Nov 2018
$1.067
Dec 2018
$1.028
Jan 2019
$1.037
Feb 2019
$1.041
Mar 2019
$1.028
Apr 2019
$0.996
May 2019
$0.983
Jun 2019
$0.991
Jul 2019
$0.965
Aug 2019
$0.972
Sep 2019
$0.957
Oct 2019
$0.960
Nov 2019
$0.948
Dec 2019
$0.944
Jan 2020
$0.901
Feb 2020
$0.862
Mar 2020
$0.759
Apr 2020
$0.743
May 2020
$0.795
Jun 2020
$0.845
Jul 2020
$0.931
Aug 2020
$0.933
Sep 2020
$0.939
Oct 2020
$1.006
Nov 2020
$1.057
Dec 2020
$1.059
Jan 2021
$1.099
Feb 2021
$1.183
Mar 2021
$1.289
Apr 2021
$1.369
May 2021
$1.382
Jun 2021
$1.437
Jul 2021
$1.529
Aug 2021
$1.635
Sep 2021
$1.687
Oct 2021
$1.474
Nov 2021
$1.497
Dec 2021
$1.688
Jan 2022
$1.841
Feb 2022
$1.997
Mar 2022
$1.875
Apr 2022
$1.653
May 2022
$1.488
Jun 2022
$1.376
Jul 2022
$1.367
Aug 2022
$1.253
Sep 2022
$1.223
Oct 2022
$1.257
Nov 2022
$1.290
Dec 2022
$1.402
Jan 2023
$1.390
Feb 2023
$1.312
Mar 2023
$1.314
Apr 2023
$1.278
May 2023
$1.233
Jun 2023
$1.202
Jul 2023
$1.180
Aug 2023
$1.186
Sep 2023
$1.187
Oct 2023
$1.187
Nov 2023
$1.174
Dec 2023
$1.184
Jan 2024
$1.170
Feb 2024
$1.188
Mar 2024
$1.322
Apr 2024
$1.361
May 2024
$1.331
Jun 2024
$1.260
Jul 2024
$1.246
Aug 2024
$1.297
Sep 2024
$1.370
Oct 2024
$1.386
Nov 2024
$1.376
Dec 2024
$1.408
Jan 2025
$1.565
Feb 2025
$1.596
Mar 2025
$1.468
Apr 2025
$1.485
May 2025
$1.717
Jun 2025
$1.860
Jul 2025
$1.890
Aug 2025
$1.944
Sep 2025
$2.080
Oct 2025
$2.156
Nov 2025
$2.198
Dec 2025
$2.421
Jan 2026
$2.430
Feb 2026
$2.618
Mar 2026
$2.749
Apr 2026
Global Factors
What impacts aluminum pricing?
The Midwest Average is shaped by several global and domestic factors. Understanding these drivers helps customers forecast costs and make informed planning decisions.
Global Supply & Demand
Production levels from major global regions and U.S. consumption patterns drive much of the overall market movement.
Energy Costs
Aluminum production is highly energy-intensive. Shifts in electricity and natural gas pricing—especially in smelting regions—often lead to market adjustments.
Transporation & Logistics
Freight costs, availability, port congestion, and regional demand can influence the delivered Midwest premium.
Geopolitical & Policy Factors
Tariffs, trade agreements, sanctions, carbon policies, and environmental regulations can all affect cost structures and supply availability.
