The forecast for stocks of purchased aluminum new scrap borings and turnings at secondary smelters in the US shows a consistent decline from 2024 through 2028. In 2023, the actual stock levels stood at an undisclosed baseline, while 2024 starts at 2.25 thousand metric tons. By 2028, this reduces to 1.06 thousand metric tons, reflecting a year-on-year average contraction.

Future trends to watch for:

Continued emphasis on sustainability and recycling, potentially impacting scrap supply and demand dynamics.
Technological advancements in smelting processes increasing efficiency and altering scrap usage rates.
Global economic factors affecting aluminum pricing and scrap availability.