The forecasted import value of flat rolled iron or non-alloy steel coated with lead of a width of 600 mm or more to Canada shows a consistent declining trend from 2024 to 2028. Starting at $1.4617 million in 2024, it falls to $0.45219 million by 2028. This indicates a significant decrease in imports over the five-year period. Year-on-year variation shows a steady decline in demand, with compound annual growth rate reflecting an average decrease in imports each year.
Future trends to watch include potential fluctuations in global steel prices, changes in Canadian industrial demand, and emerging technologies or materials that might replace lead-coated steel, impacting import levels further.
