The forecast for stocks of unalloyed copper-base scrap at smelters, refiners, and ingot makers in the US shows a steady increase from 7.65 thousand metric tons in 2024 to 8.44 thousand metric tons in 2028. This represents a compound annual growth rate (CAGR) of approximately 2.5% over this period. As these forecasts indicate a consistent upward trend, stakeholders should note the moderate year-on-year increase in stocks available for processing in the copper industry.
Future trends to watch for:
- Global copper demand and supply dynamics, which could influence scrap availability and stocks.
- Technological advancement in recycling processes that may impact scrap recovery efficiency.
- Regulatory and policy changes affecting scrap metal trade and environmental standards.