Forecast: Net Receipts of Purchased Aluminum Old Scrap Extrusions at Secondary Smelters in the US

In the forecast for net receipts of purchased aluminum old scrap extrusions at secondary smelters in the US from 2024 to 2028, we see a consistent upward trend. Starting at 208.21 thousand metric tons in 2024, the receipts are projected to increase annually, reaching 257.27 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) over five years, indicating robust growth in demand or capacity for secondary aluminum production. Comparing the values, we observed an annual increase of around 5 to 6% year-on-year from 2024 onwards.

Future trends to watch for in this sector include:

  • Technological developments in recycling processes increasing efficiency.
  • Potential regulatory changes affecting recycling rates and secondary smelter operations.
  • Market demand shifts influenced by the global economy and sustainability initiatives.

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