The forecast for pig iron consumption by manufacturers in electric furnaces across the US indicates a declining trend from 2024 through 2028. Starting from 1.97 million metric tons in 2024, it decreases consistently, reaching 1.82 million metric tons by 2028. This represents an average decline of about 1.95% per year over this period.

Future trends to watch for include:

Technological advancements in electric furnace efficiency could alter consumption patterns.
Potential policy changes regarding emissions and energy efficiency standards might impact production methods.
Global market dynamics, such as shifts in steel demand and trade policies, could influence domestic consumption rates.