The turnover in the manufacture of basic iron and steel sector in France is forecasted to show minimal growth, increasing marginally each year from 2024 to 2028. Starting at 18.16 billion Euros in 2024, it is expected to reach 18.20 billion Euros by 2028, reflecting a steady but slow growth pattern. When reviewing year-on-year changes, the sector shows negligible increases, highlighting its stable yet stagnant nature. The CAGR over this period suggests a predictable and limited annual increase.
Future trends to watch for include:
- Innovative steel production technologies potentially influencing turnover positively.
- Regulatory impacts from environmental policies, which could drive costs or create demand for greener steel options.
- Global market influences, such as demand fluctuations in major importing and exporting countries, affecting the sector's stability.