The stocks of purchased aluminum new scrap extrusions at secondary smelters in the US are forecasted to decline from 13.81 thousand metric tons in 2024 to 11.68 thousand metric tons in 2028. This indicates a continuous decrease year-on-year by about 3.92% from 2024 to 2028. Compared to the actual level in 2023, this reflects a notable declining trend.
Future trends to watch for include:
- Efficiency improvements in recycling processes affecting scrap availability.
- Potential changes in aluminum demand due to industry shifts towards sustainability.
- Impact of trade policies and tariffs on aluminum scrap supply and prices.