Forecast: Steel Mill Products Exports in the US

The forecasted growth in US steel mill products exports depicts a steady increase from 2024 to 2028, starting at 13.1 million metric tons and reaching 13.73 million metric tons. No actual data is provided for 2023; therefore, the year-on-year variations are calculated solely from forecasts. The incremental year-on-year growth results in a low but consistent upward trend, with the compound annual growth rate (CAGR) reflecting a gradual pace of expansion over this period.

Future trends to watch for:

  • Global economic conditions and their impact on steel demand and export volumes.
  • Developments in international trade agreements and tariffs affecting US steel exports.
  • Technological advancements in steel production, influencing efficiency and output.
  • Environmental regulations impacting the steel industry.
  • Competitive positioning of US steel against major international players like China and the EU.

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