Forecast: Import of Flat -Rolled Products of Alloy Steel Other than Stainless, Hot-Rolled or Cold-Rolled 'Cold-Reduced' and Plated or Coated with Zinc to the UK

In 2023, the UK imported 63.82 thousand kilograms of flat-rolled products of alloy steel other than stainless, which was hot-rolled or cold-rolled and plated or coated with zinc. From 2024 to 2028, imports are forecasted to grow steadily, rising to 72.75 thousand kilograms by 2028. This indicates a consistent yearly growth.

Key Points:

• The import volume increases from 65.45 in 2024 to 72.75 thousand kilograms in 2028.
• A year-on-year increase average of approximately 2.6% is observed from 2024 to 2028.
• The compound annual growth rate (CAGR) over these five years is expected to be around 2.6%.

Future trends to watch include potential fluctuations in the global steel market that could affect import volumes, and the impact of environmental regulations which might encourage shifts towards more sustainable materials or processes.