In 2023, the stocks of purchased aluminum old scrap wrought products at secondary smelters in the US were at a certain level, from which the forecasts indicate a consistent annual growth. From 2024 to 2028, the year-on-year growth rates show an increase ranging from approximately 10.4% to 7.8%, with a Compound Annual Growth Rate (CAGR) of about 9.1% for the entire five-year period.

Future trends to watch for include:

Fluctuations in global aluminum demand and prices which could impact the US secondary smelting sector.
Advancements in recycling technologies potentially enhancing efficiency and stock utilization.
Policy changes on recycling and environmental regulations affecting scrap availability and processing capacities.