In 2023, the re-import volume of hot roll iron or non-alloy steel, less than 600 mm in width and more than 4.75 mm in thickness, to China was at a baseline figure, not explicitly stated here. For 2024 to 2028, the volume forecasts show a consistent upward trend with an average annual growth rate (CAGR) of approximately 3.5%. Year-on-year, each forecast increases by about 3%. This indicates a stable demand recovery and possibly stabilization in logistical capabilities and market demand.
Future trends to watch for include potential market fluctuations due to economic policies affecting steel production and trade tariffs that may impact import efficiency. The rising demand for steel-based infrastructure may further influence these figures.
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