The import of cold rolled stainless steel of a width of 600 mm or more and thickness of 0.5-1.0 mm to the US is forecasted to grow steadily from 2024 to 2028. In 2023, this import stood at 118.29 million kilograms. During 2024-2025, there is a predicted year-on-year increase of approximately 0.48%. This growth continues similarly across the subsequent years, reflecting a consistent growing trend. The compound annual growth rate (CAGR) over these five years is about 0.46%.
Future trends to watch for include potential impacts from technological advancements in steel production, changes in trade policies, and shifts in domestic steel demand which may influence these projections. Additionally, fluctuations in global market conditions and environmental regulations could also impact future import volumes.
