Forecast: Import of Flat-Rolled Products of Alloy Steel Other than Stainless of a Width More than 600 mm Simply Cold-Rolled to the UK

The import of flat-rolled products of alloy steel, excluding stainless, over 600 mm in width and simply cold-rolled, is forecasted to grow steadily from 2024 to 2028. In 2023, import volume stood at 52.4 million kilograms, leading to projected incremental increases each year, reaching 54.338 million kilograms by 2028. The year-on-year increase from 2024 to 2028 averages around 0.8% to 1%, indicating a modest yet consistent growth trajectory.

Future trends to watch for include:

• Potential market disruptions from geopolitical tensions and trade regulations.
• Technological advancements in production affecting global supply chains.
• Shifts in global demand for sustainable and high-performance materials.
• Variations in raw material prices influencing import volumes and strategies.