Forecast: Import of Hot-Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness Less Than 3 mm and Minimum Yield Point Not Exceeding 275 Mpa to China

The forecast for the import of hot-rolled iron or non-alloy steel in coils to China, from a width of 600 mm or more and less than 3 mm in thickness, shows a consistent decline from 2024 to 2028. Starting in 2024 with 651.14 million kg, it is projected to decrease to 536.46 million kg by 2028. This represents a cumulative decline every year within the forecast period.

Key observations and future trends to watch:

• The year-on-year decrease is steady, implying a shrinking demand or increased domestic production.
• Factors such as policy changes, economic reforms, and domestic production capacity expansion could influence future trends.
• Monitoring global steel prices and trade policies will be crucial for import forecasts.