The net receipts of purchased aluminum old scrap aluminum cans at secondary smelters in the US are projected to grow steadily from 2024 to 2028, with values increasing from 67.17 thousand metric tons in 2024 to 82.75 thousand metric tons by 2028. The year-on-year growth rates indicate a consistent upward trend over this period. Estimated data for 2023 is not provided, but significant growth is expected as the CAGR suggests an average annual increase over the forecast period.
Future trends to watch for include:
- Technological advancements in recycling processes potentially improving efficiency and yield.
- Policy changes impacting recycling rates and secondary market pricing.
- Environmental concerns driving further demand for recycled aluminum materials.
