Forecast: Re-Import of Hot-Rolled Products of Iron or Non-Alloy Steel of a Width of 600 mm or More Not Clad, Plated or Coated to China

In 2023, the re-import of hot-rolled products of iron or non-alloy steel of a width of 600 mm or more not clad, plated, or coated to China was valued at approximately 26.8 million USD. The forecasted values from 2024 to 2028 show a steady upward trend, with an average annual growth rate of around 1.6% over the five-year period. Year-on-year growth is consistent, highlighting a robust demand for these imports.

Future trends to watch for include:

• Potential shifts in global steel prices that could impact import values.
• The possible effect of China's industrial policies on the demand for re-imported steel products.
• Technological advancements influencing production efficiencies and steel demand.