Forecast: Iron and Steel Sector Final Consumption of Blast Furnace Gas in Germany

In 2023, the final consumption of blast furnace gas in Germany's iron and steel sector was not provided, making it hard to calculate a 2023-2024 variation. However, forecasted data from 2024 to 2028 show a steady decline, with consumption decreasing from 51.22 to 47.59 thousand terajoules. On a year-on-year basis, expect a consistent decrease in consumption. Over the five-year period, the CAGR indicates a gradual reduction in use.

Future trends to watch for:

  • Technological advancements promoting energy efficiency
  • Government regulations aimed at reducing carbon emissions
  • Shifts in production processes in favor of greener alternatives

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