In 2023, the number of employees in the basic iron, steel, and ferro-alloys sector in France stood at approximately 25.77 thousand. The forecasted employment figure is projected to rise from 25.88 thousand in 2024 to 26.31 thousand by 2028. The year-on-year employment growth is around 0.42%, with a CAGR of approximately 0.51% over this forecast period. This indicates a steady, albeit slow, growth trend in the sector.
Future trends to watch for include:
- Technological advancements in manufacturing processes, potentially improving efficiency and productivity.
- Policies related to environmental sustainability affecting the sector's operational methods and potentially influencing employment numbers.
- Economic factors impacting domestic and international demand for steel and ferro-alloys.