Forecast: Import of Sections L of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of Less Than 80 mm to Germany

In 2023, Germany imported 76 million kilograms of iron or non-alloy steel sections L. From 2024 to 2028, forecasts predict a steady decline in import volume, starting at 75.727 million kilograms in 2024 and decreasing to 74.055 million kilograms by 2028. This represents a gradual decrease of about 0.5% annually. The declining trend from the peak in 2023 indicates a shift in market demand or increased domestic production capacity.

Future trends to watch:

• Potential shifts in European Union trade policies impacting import volumes.
• Technological advancements in steel production boosting efficiency.
• Domestic demand variations influenced by construction and industrial sectors.