In 2023, the re-import of hot rolled stainless steel not in coils of a width of 600 mm or more and thickness less than 3 mm to China was a key area of focus. As of 2024, with an initial forecast of 94.12 thousand kilograms, the trend indicates a moderate increase each year, reaching 101.96 thousand kilograms by 2028. The year-on-year percentage change in weight for this period shows consistent growth, with the approximate CAGR reflecting steady demand in the market.
Future trends to watch include:
- China's domestic demand for specialized stainless steel in infrastructure projects.
- Technological advancements and their impact on production efficiency.
- Global trade policies affecting steel imports and exports.
