Current stocks of purchased aluminum new scrap in the US are forecast to steadily increase from 135.16 thousand metric tons in 2024 to 139.4 thousand metric tons in 2028. Comparatively, in 2023, these stocks were at 134.1 thousand metric tons.
The year-on-year growth rate is approximately 0.8%, reflecting a moderate but consistent upward trend. The compounded annual growth rate (CAGR) over the five-year period is projected to be around 0.75%, indicating stability in supply levels.
Future trends to monitor include potential supply chain disruptions, shifts in demand due to technological advancements in aluminum usage, and regulatory impacts on recycling practices, which could all influence the scrap aluminum market dynamics.
