The forecast for US stainless steel scrap net imports shows a consistent increase in the negative value from 2024 to 2028, indicating a growing net export trend. Compared to 2023, this forecast portrays a steady decline in imports, with year-over-year decreases by approximately 0.3%. This reflects a compound annual growth rate (CAGR) of about -0.26% over the five-year period, from 2024 to 2028.

Future trends to watch for include:

Changes in global stainless steel demand and production capacity impacting US exports.
Shifts in recycling policies and technologies that could alter domestic supply and demand dynamics.
Economic conditions that may influence international trade and bilateral agreements affecting stainless steel scrap flows.