The forecasted net receipts of purchased aluminum new scrap dross and skimmings at other consumers in the US indicate a robust upward trend from 2024 through 2028. Starting at 22.56 thousand metric tons in 2024, the value increases significantly to 42.7 thousand metric tons by 2028. This reflects substantial year-on-year growth, with an average annual increase, or CAGR, displaying strong expansion prospects for the sector. As of 2023, being in 2024 presently, it is crucial to consider the context and previous actuals which are not provided here.
Future trends to watch include technological advancements in recycling processes, policy changes affecting scrap supply chains, and potential economic or trade disruptions which may impact material flows or pricing. These factors could further influence the trajectory of aluminum scrap utilization in the US market.
