The forecast for the import of flat rolled silicon-electrical steel of less than 600 mm width into the US suggests a slight, consistent decline in volume from 2024 to 2028. In 2023, the actual import volume stood higher than the projected figures for 2024 and beyond. Year-on-year the variation shows a slight decrease: a decline of approximately 0.7% in 2025, 0.68% in 2026, 0.67% in 2027, and 0.66% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 reflects a steady negative trend, indicating a decrease of about 0.68% annually.

Future trends to watch for include the potential impact of technological advancements on steel production, domestic policy changes influencing import dynamics, shifts in demand from sectors such as automotive and energy, and global trade agreements affecting import tariffs and quotas. These factors might alter the current declining trend and are crucial for strategic planning.

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