The consumption of purchased aluminum new scrap can stock clippings in the US is forecasted to steadily decline from 2024 through 2028. In 2024, the consumption is projected at 245.32 thousand metric tons, gradually decreasing each subsequent year to 237.83 thousand metric tons by 2028. This downward trend represents a year-on-year decrease of approximately 0.8% on average from 2024 to 2028.
The trends indicate a continuous soft decline, highlighting the strong influence of potential factors such as increased scrap recycling efficiency or shifts in industrial demand. Looking forward, key factors such as technological advances in recycling processes, policy changes regarding aluminum use, and shifts in both domestic and global demand for aluminum products will be crucial to watch. These will likely impact future scrap consumption levels significantly.
