The data forecasts a steady increase in stocks of purchased aluminum old scrap at US secondary smelters from 2024 to 2028. The stocks are expected to grow from 26.78 thousand metric tons in 2024 to 29.42 thousand metric tons in 2028. This represents a year-on-year growth of approximately 2.5% to 2.6% annually. Considering 2023 as the base year, where stocks stood lower, this trend indicates a recovering demand for recycled aluminum driven by sustainability efforts and increasing industrial usage.

Future trends to watch for include:

Impact of environmental policies promoting recycling and circular economy practices.
Potential technological advancements in scrap recycling processes.
Market dynamics affecting aluminum prices and their effect on scrap demand.