【SMM Aluminum Industry Conference】At the 2024 SMM (19th) Aluminum Industry Conference, Liu Wei, Vice President of the Recycled Metals Branch of China Nonferrous Metals Industry Association, stated that China's scrap car recovery volume will increase from 7.56 million vehicles in 2023 to 15 million vehicles in 2027, bringing over 10 million tons of recycled copper and aluminum raw materials. The recovery volume of discarded household appliances will also grow from 4.5 million tons in 2023 to 5.85 million tons in 2027, generating nearly 1.5 million tons of recycled non-ferrous metals such as gold, silver, copper, aluminum, and tin. As significant progress has been made in the research, development, and application of integrated die-casting and heat-treatment-free low-carbon aluminum alloy materials for new energy vehicles, the proportion of recycled metal materials used in high-end applications such as low-carbon automotive wheels, household appliance components, and all-aluminum furniture (recycled) is continuously increasing, which will also open up market space for low-carbon and green recycled material products.
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