Forecast: Import of Hot Box Roll Iron or Non-Alloy Steel of a Width Less Than 600 mm, Thickness More Than 4.75 mm, Unclad to Germany

In 2023, Germany imported 156 million kilograms of hot box roll iron or non-alloy steel. From 2024 to 2028, imports are forecasted to grow steadily from 160.52 to 177.79 million kilograms. Year-on-year growth rates are projected at approximately 2.77% annually. The compound annual growth rate (CAGR) over the five-year forecasted period is estimated around 2.63%.

Key future trends to watch for include:

• Fluctuations in global steel prices, as they could impact import volumes.
• Potential regulatory changes within the European Union affecting steel imports.
• Technological advancements improving domestic steel production efficiency might reduce reliance on imports.