Slag scrap shipments in the US are forecasted to decrease gradually from 2024 to 2028. In 2023, actual shipments stood at 490.52 thousand metric tons. From 2024, a steady decline is observed with a year-on-year decrease of approximately -0.58% in 2025, -0.58% in 2026, -0.57% in 2027, and -0.57% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -0.57%.
Future trends to watch for include:
- Global economic factors affecting steel production and slag supply and demand.
- Technological advancements in recycling that may increase or decrease demand for slag scrap.
- Policy changes or environmental regulations impacting industrial waste management and recycling practices.