Is there an alternative to condensed milk?

Question

In Denmark we don't have condensed milk in our regular stores and I've actually only seen it in an UK-import store a few years ago. Is there an alternative to it or can you craft it with regular cooking equipment?

Answer

To make sweetened condensed milk:

The best make-your-own version is to mix 1 cup of evaporated milk with 1-1/4 cups of sugar in a saucepan, heat and stir until the sugar is completely dissolved, and let cool.

If you don't have evaporated milk on hand either, you can make your own by slowly simmering any quantity of milk in a pan until it reduced by 60%, and then adding the sugar.

Source: http://www.ochef.com/125.htm

Another recipe that sounds like a lot more work and uses powdered milk: http://www.ehow.com/how_4903555_make-condensed-milk.html

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