The forecast of No. 1 Busheling ending stocks in the US indicates a downward trend from 2024 to 2028. Starting at 276.6 thousand metric tons in 2024, the stock levels decline steadily each subsequent year, settling at 257.83 thousand metric tons by 2028. Year-on-year, the stocks decrease slightly, reflecting a consistent negative growth trend. This trend results in a compound annual growth rate that signifies a gradual decrease over the five-year forecast period.
Future trends to watch for include potential fluctuations in demand for recycled materials and changes in scrap metal market dynamics, which could impact No. 1 Busheling supply and demand. Monitoring macroeconomic factors and policy changes will be crucial for anticipating shifts in stock levels.
