The forecast for the import of hot rolled stainless steel in coils of a width of 600 mm or more, and a thickness more than 10 mm, into the US indicates a gradual decline in volume from 1.5024 million kilograms in 2024 to 1.343 million kilograms by 2028. This decline reflects an average compound annual growth rate (CAGR) that shows reduced import volumes over the five-year period. In 2023, this category stood at a certain point, setting the basis for future decreases, but unfortunately, specific data for 2023 are missing from the provided information.
- Future trends to watch for include shifts in global trade policies, potential tariffs on steel imports, domestic production changes, and demand shifts in key industries such as automotive and construction sectors, impacting both supply and demand.
