The net receipts of purchased aluminum new scrap castings at secondary smelters in the US are projected to decrease steadily from 2024 onwards. Standing at 52.96 thousand metric tons in 2024, the forecasted values show a decline to 44.15 thousand metric tons by 2028. Year-on-year, the variation reveals a consistent reduction, underscoring a trend of diminishing volumes at a compound annual growth rate (CAGR) reflecting negative growth over these forecasted years.

Future trends to watch for include:

The impact of technological advancements on aluminum recycling efficiencies and their potential to mitigate volume declines.
Environmental regulations that may influence recycling practices and affect the market structure.
Global economic factors that might shift supply and demand dynamics within the aluminum industry.