The stocks of purchased aluminum new scrap dross and skimmings in the US are expected to grow steadily, from 17.61 thousand metric tons in 2024 to 20.0 thousand metric tons in 2028, indicating a positive trend. The compound annual growth rate (CAGR) over this five-year forecast period is approximately 3.18% per year. Comparatively, the year-on-year increases show a consistent rise of roughly 3-4% annually. In 2023, this value stood notably lower, reflecting the upward trajectory of this market segment.
Future trends to watch for include the impact of technological advancements in recycling processes, which could optimize production efficiencies and potentially influence the supply dynamics of aluminum scrap. Additionally, policy shifts concerning environmental regulations and sustainability could significantly affect the demand and supply balance in this market.
