The import forecast of bar and rod of silico-manganese steel in irregular coils to Italy indicates a consistent upward trend from 2024 to 2028, with expected annual increases in volume. In 2023, the volume stood at 98 million kilograms. Year-on-year growth is forecast to be approximately 2.7% in 2025, 2.5% in 2026, 2.4% in 2027, and 2.3% in 2028. The compound annual growth rate (CAGR) over these five years is expected to be around 2.6%.
Future trends to watch for include:
- Shifts in global steel demand and pricing, which may impact forecast accuracy.
- Potential trade agreements or policy changes affecting EU imports.
- Technological advancements in steel production and usage in Italy.
