The forecasted consumption of purchased aluminum new scrap dross and skimmings at secondary smelters in the U.S. is showing a steady upward trend from 2024 to 2028. The values increase gradually from 504.0 thousand metric tons in 2024 to 510.73 thousand metric tons in 2028. This indicates an average annual growth (CAGR) of around 0.3% per year over these five years. As of 2023, the consumption stood at a value not specified in the provided data, but the future trends suggest progressive growth.
Future trends to watch for include:
- Technological innovations in recycling methods could impact scrap consumption volumes.
- Environmental regulations may influence secondary smelting operations.
- Market demand for aluminum and its economic cycles could affect scrap collection and processing.