Throughout 2024, the price of aluminum showed an upward trend. According to Datosmacro data, the price per metric ton experienced an annual growth of 7.75%. However, the slowdown of the Chinese economy and its lower demand for raw materials influenced the moderation of prices in certain periods. The projections for 2025 indicate a continuation of the upward trend in the price of aluminum. Thus, Goldman Sachs analysts have raised their estimate of the average price to $2,700 per ton, from a previous forecast of $2,540. However, it is important to keep in mind that the projections are subject to variables such as the evolution of the global economy, trade policies and environmental initiatives that may affect both the supply and demand of aluminum.