Forecast: Net Receipts of Purchased Aluminum Old Scrap in the US

In 2023, net receipts of purchased aluminum old scrap in the US stood at approximately 1.5469 million metric tons. From 2024, a consistent year-on-year growth is forecasted, with a projected increase of around 1.6% annually. By 2028, this volume is expected to reach 1.6705 million metric tons. This five-year period exhibits a compound annual growth rate of about 1.7%.

Future trends to watch for:

  • Potential impacts of technological advancements in recycling processes on scrap volume.
  • Shifts in global market demands and domestic policy changes affecting aluminum trade and collection.
  • Environmental regulations encouraging higher recycling rates and increased scrap availability.

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