The forecasted consumption of purchased aluminum new scrap borings and turnings at secondary smelters in the US shows a steady increase from 2024 to 2028, starting at 155.92 thousand metric tons and reaching 163.54 thousand metric tons. The projected year-on-year growth rate from 2024 to 2028 is approximately 1.25%. Over the five-year forecasting period, the compound annual growth rate (CAGR) is anticipated to be around 1.24%.

Looking ahead, several future trends should be monitored:

Technological advancements in recycling processes that could enhance recovery rates.
Market shifts influenced by sustainability initiatives driving higher recycled aluminum demand.
Evolving trade policies and their impact on the availability of scrap materials.