Forecast: Import of Sections T 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 the US

The import of sections T of iron or non-alloy steel to the US is on a declining trend with forecasts showing a year-on-year decrease from 2024 to 2028. In 2023, the volume of these imports stood at approximately 1.1267 million kilograms. By 2028, it is expected to decrease to 1.0493 million kilograms, representing a consistent annual reduction in volume.

Future trends to watch for include:

• The impact of domestic production changes and potential tariffs on import levels.
• Global market conditions influencing the pricing and supply chain dynamics for iron and non-alloy steel.
• Technological advancements in alternative materials that could affect demand.