Aluminum Price in 1993

In 1993, the price of aluminum averaged $1,139 per tonne, down 9.2% from the year before. This page covers the 1993 average, high, low, and year-end close, the events that moved the market, and what that aluminum would be worth in today's dollars.

1993 Average

$1,139

LME annual average, USD/tonne

Change vs 1992

-9.2%

from $1,254 in 1992

What happened to the aluminum price in 1993

Aluminum averaged $1,139 per tonne in 1993, down 9.2% from $1,254 the year before. The notable development of 1993: Post-Soviet metal glut, cyclical low.

The 1990s were mostly weak, with post-Soviet metal flooding the market and the 1997-98 Asian financial crisis capping demand; aluminum spent the decade largely between $1,250 and $1,800.

Adjusted for inflation, aluminum's 1993 average of $1,139 equals about $2,540 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of aluminum in 1993?

Aluminum averaged $1,139 per tonne in 1993, based on World Bank and LME annual average data. That average was down 9.2% from $1,254 in 1992.

What is a 1993 aluminum price worth in today's dollars?

Adjusted with the US Consumer Price Index, aluminum's 1993 average of $1,139 works out to roughly $2,540 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the aluminum price in 1993?

The defining story of 1993: Post-Soviet metal glut, cyclical low. Against that backdrop, the annual average fell 9.2%, from $1,254 in 1992 to $1,139.

Annual averages are World Bank and LME aluminum prices per tonne in US dollars (LME cash and settlement basis). Values before the LME aluminium contract launched in October 1978 are producer and list-price proxies, and the 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.