The forecast for pig iron consumption in the North Central US shows a consistent downward trend from 2024 to 2028, starting at 19.03 million metric tons in 2024 and decreasing annually to 17.58 million metric tons by 2028. The percentage decrease year-on-year highlights a consistent decline, reflecting challenges in industrial demand. The average compound annual growth rate (CAGR) over these years further underscores the downward trajectory.

Future trends to watch for include:

Impact of technological advancements in steel production.
Potential policy changes relating to trade and industrial emissions.
Shifts in demand due to economic factors or changes in regional construction and manufacturing activities.