The forecast for consumer stocks of pig iron in the South Central US shows a consistent decline from 2024 to 2028. In 2023, the value stood at 130.38 thousand metric tons, marking the starting point of a downward trend: 124.49 in 2024, 118.77 in 2025, 113.16 in 2026, 107.67 in 2027, and 102.28 in 2028. The year-over-year reduction is approximately -4.6% from 2024 to 2025 and continues similarly, averaging a CAGR of around -4.7% over five years.

Future trends to watch for:

Potential shifts in global pig iron demand affecting local stock levels.
Technological advancements in steel production that could alter pig iron usage.
Environmental policies and sustainability efforts impacting traditional pig iron supply chains.