The forecast for the re-import of bar and rod of high-speed steel not in coils to China shows a declining trend from 2024 to 2028. In 2023, these imports were valued at approximately $175.5 thousand USD. The subsequent years depict a year-on-year decrease, with 2024 seeing a 2% reduction from 2023. By 2028, the value is forecasted to dwindle to $153.54 thousand USD. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual decline of 2.68%.

Future trends to watch for include:

Potential influence of global economic factors on steel demand and pricing.
China's domestic steel industry developments affecting reliance on re-imports.
Trade policy changes that could alter import dynamics or introduce new cost considerations.