In 2023, the stocks of purchased aluminum old scrap castings at US secondary smelters stood at approximately 3.12 thousand metric tons. From the forecast data, a slight increase is anticipated, with values projected to reach 3.16 thousand metric tons by 2028. The year-on-year growth is modest, reflecting a steady but minor upward trend. Over the past two years, the growth is approximately stable, with the cumulative average growth rate indicating a negligible increase, emphasizing a largely stagnant outlook over the next five years.
Future trends to watch for include potential changes in aluminum scrap supply and demand dynamics, improvements in recycling technologies, and shifts in regulatory policies affecting the recycling ecosystem. Keeping an eye on these factors will be crucial for understanding the trajectory of aluminum scrap stocks in secondary smelters.
