In 2023, the net receipts of purchased aluminum scrap in the US were just below 3.6932 million metric tons. From 2024 to 2028, the forecast shows a steady upward trend with values increasing each year, indicating a gradual annual growth rate. The year-on-year percentage increase is minimal, highlighting a stable market condition. The compound annual growth rate (CAGR) reflects consistent growth over the pattern from 2024 to 2028.

Future trends to watch for:

Technological advancements in recycling processes that could enhance efficiency.
Shifts in global demand for aluminum impacting scrap requirements.
Regulatory changes affecting the recycling and sourcing of aluminum scrap.