Forecast: Import of Cold Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness of 1.0-3 mm and Minimum Yield Point Not Exceeding 275 Mpa to Brazil

In 2023, the import value of cold rolled iron or non-alloy steel coils of specified dimensions to Brazil was notable, setting the stage for a declining trend. From 2024 to 2028, forecasted values show a consistent year-on-year decline: 2025 decreases by approximately 9.3%, 2026 by 10.1%, 2027 by 10.9%, and 2028 by approximately 11.5% from the previous year. Over five years, the Compound Annual Growth Rate (CAGR) indicates an average annual decrease of about 8.4%.

Future Trends to Watch For:

• Changes in Brazil's domestic demand and production capabilities that may further impact import volumes.
• Fluctuations in global steel prices which could alter trade dynamics and import costs.
• Trade policy shifts, including tariffs or trade agreements impacting costs and accessibility.