The consumption of hard coal in the Iron and Steel sector in Germany stood at a significantly lower level in 2023 compared to the forecasted figures from 2024 onward. With a gradual increase from 793.23 thousand metric tons in 2024 to 858.46 thousand metric tons in 2028, the sector is expected to see a steady upward trend. Year-on-year growth rates indicate a consistent increase of around 2.1% to 2.4%. The compound annual growth rate (CAGR) over the five years is projected to be approximately 2.0% per annum.

Future trends to watch for include:

Potential shifts in energy policy and regulations in Germany affecting coal consumption.
The impact of technological advancements in the Iron and Steel sector that might reduce reliance on hard coal.
Market dynamics and global economic conditions influencing demand and production capabilities.