The forecasted consumption of purchased aluminum new scrap extrusions at other consumers in the US indicates a noteworthy declining trend from 2024 to 2028, decreasing from 223.2 to 91.18 thousand metric tons. The year-on-year variation shows a consistent drop averaging approximately 17% annually, with a compound annual growth rate (CAGR) of about -20% projected over the five-year span.
Future trends to watch for include:
- Potential shifts in industrial demand that could alter consumption patterns.
- Technological advancements in recycling processes that may impact scrap utilization.
- Environmental regulations influencing scrap production and consumption rates.
