In 2023, the re-import value of hot box roll iron or non-alloy steel of a width less than 600 mm and thickness more than 4.75 mm to China was approximately 294.5 thousand USD. Forecasts predict moderate growth: 2024 starts at 301.77 thousand USD, moving to 334.29 thousand USD by 2028, reflecting an approximate 2.6% year-on-year increase. Over the five-year period, the compound annual growth rate (CAGR) is around 2.6%, suggesting steady demand and market dynamics.
Future trends to watch include potential shifts in China’s import policies, changes in domestic production capacities, and international trade agreements that could impact import levels. Additionally, advancements in material technology and environmental regulations may influence market demands and supply chains.
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