In 2023, the net receipts of purchased aluminum new scrap extrusions in the US stood at healthy levels, but a declining trend is forecasted from 2024 onwards. Forecast data indicate a continuous year-on-year decrease in volume from 463.75 thousand metric tons in 2024 to 242.08 thousand metric tons by 2028. This reflects a notable annual drop in net receipts.

Key future trends to watch for include:

Global aluminum demand shifts, potentially affecting scrap availability and recycling practices.
Technological advancements that may improve recycling efficiency or alter scrap utilization.
Environmental regulations steering towards sustainable and circular economy practices impacting scrap recovery rates.
Economic factors influencing the aluminum industry, such as market price fluctuations or trade policies.