The forecast for cut structural and plate ending stocks at manufacturers of pig iron and raw steel and castings in the US shows a gradual increase from 2024 to 2028, starting at 339.4 thousand metric tons in 2024 and reaching 353.57 thousand metric tons by 2028. This marks a consistent upward trend in inventory levels, likely reflecting strategic stockpiling or increased demand.
Year-on-year variations show minor increment percentages suggesting stabilization, indicating a steady interest and production adjustment by manufacturers.
CAGR over the five years reveals a subdued but positive growth trajectory, indicating moderate expansion relative to the base year 2023.
Future trends to watch for include potential impacts from technological advancements in steel production, shifts in domestic infrastructure projects, and evolving international trade policies that could influence supply chain dynamics and inventory levels.
