China wins the race against the US in aluminium recycling output, capacity and expansion
China and the United States have been vocal about shifting their focus to the recycled aluminium industry for quite some time. And why shouldn’t they? According to the International Aluminium Institute (IAI), rapid population and economic growth over the coming decades will push global aluminium demand to double by 2050, with 50-60 per cent of that demand expected to be met by recycled metal. The IAI also estimates that the global Recycling Efficiency Rate (RER) currently stands at 76 per cent, covering both new scrap and old scrap. The transportation sector leads aluminium recycling with an 86 per cent recovery rate, and among all end-use sectors, the automotive industry remains the single largest consumer of recycled aluminium. Having said that, at such a critical juncture for the global industrial progress, where do they stand today?
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