The stocks of purchased aluminum new scrap wrought sheet and clippings at secondary smelters in the US are forecasted to rise steadily over the next five years. From a value of 5.97 thousand metric tons in 2024, it is projected to increase to 6.5 thousand metric tons by 2028. This shows a consistent year-on-year growth rate, suggesting healthy demand and supply dynamics in the secondary smelting industry. Compared to 2023, when the actual stocks were slightly lower, there is a positive trend in stock accumulation with a CAGR reflecting sustained growth.

Future trends to watch for include:

Global aluminum market fluctuations which could impact secondary smelting operations.
Technological advancements in recycling processes that might influence scrap availability.
Environmental policies focusing on recycling and sustainable practices possibly affecting supply chains.
Potential economic shifts affecting industrial production and, thereby, scrap demand and supply.