The forecast for the consumption of purchased aluminum old scrap castings at other consumers in the US presents a steady upward trend from 2024 to 2028. Starting at 156.99 thousand metric tons in 2024, the consumption is expected to grow incrementally, reaching 163.2 thousand metric tons by 2028. This reflects a year-on-year growth rate of approximately 1% annually. Notably, from 2023 to 2024, the transition remains steady, as shown in the consistent predicted growth in the following years.
Future trends to watch for:
- Potential policy changes impacting aluminum recycling.
- Technological advancements in scrap aluminum processing.
- Fluctuations in demand in the automotive and manufacturing sectors, which are significant consumers of aluminum castings.
