The forecast for net receipts of purchased aluminum old scrap wrought products at secondary smelters in the US indicates a steady increase from 198.55 thousand metric tons in 2024 to 251.87 thousand metric tons in 2028. Compared to the 2023 actual figure of 185.0 thousand metric tons, these projections reflect a positive growth trajectory. The year-on-year variation shows strong annual increases, culminating in a CAGR of approximately 6.1% over the forecasted period. These insights highlight a robust recycling supply chain and growing demand for secondary aluminum products.
Future trends to watch include advancements in recycling technology that can enhance efficiency and reduce costs, as well as potential shifts in aluminum demand driven by sustainability initiatives and green building practices. Monitoring international trade policies and economic conditions will also be crucial as they can impact the availability and pricing of scrap aluminum.
