The number of researchers in the manufacture of basic iron and steel, and casting of iron and steel in Canada is projected to decrease consistently from 2024 to 2028. In 2024, the forecast shows 59 full-time equivalents, declining annually to 38 by 2028. This represents an average annual decrease, or CAGR, over this five-year span.
Future trends to watch for include potential impacts of technological advancements, such as automation and artificial intelligence, on research staffing needs. Additionally, shifts in market demand for steel products and environmental regulations may further influence the number and role of researchers in this industry.