Forecast: Consumer Stocks of Steel and Iron Scrap in South Atlantic in the US

The consumer stocks of steel and iron scrap in the South Atlantic region of the US are projected to decline steadily from 183.73 thousand metric tons in 2024 to 111.89 thousand metric tons by 2028. Compared to 2023 figures, this represents a clear downward trend, highlighting a consistent annual decrease. The year-on-year percentage variations show a contraction of approximately 10% each year, with a notable compound annual growth rate (CAGR) decline over the forecast period.

Future trends to watch for:

• Shifts in recycling regulations and policies that could influence supply and consumption levels.
• Technological advancements in manufacturing that may reduce raw material waste or replace steel and iron scrap usage.
• Evolving economic conditions, such as changes in construction or manufacturing demand, impacting scrap material needs.