The consumption of No. 1 Busheling in the US is projected to slightly decline from 5.28 million metric tons in 2024 to 5.22 million metric tons in 2028. From 2023's actual numbers, this forecast suggests a stable yet slightly diminishing trend. Year-on-year variations show a decrease of approximately 0.38% each year, with a compound annual growth rate (CAGR) of approximately -0.28% over the five-year period.

Future trends to monitor:

Shifts in the demand for steel and aluminum production impacting the scrap market.
Technological advancements in recycling and sustainability practices affecting scrap utilization.
Policy changes and economic conditions influencing trade patterns and raw material sourcing.