Forecast: Import of Hot-Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness More Than 10 mm and Minimum Yield Point Not Exceeding 355 Mpa to the UK

The import of hot-rolled iron or non-alloy steel in coils to the UK is projected to grow steadily from 104.82 million kilograms in 2024 to 121.81 million kilograms in 2028. This represents a yearly average growth rate, or CAGR, over the forecast period. The year-on-year percentage variations starting from 2024 indicate consistent growth, with each year showcasing modest increases in volume. In 2023, imports were below the forecasted 2024 values, suggesting positive momentum in the upcoming years.

Future trends to watch for include potential market disruptions due to geopolitical factors, changes in UK trade policies, and fluctuations in global demand and supply dynamics that could impact forecasting accuracy and import strategies.