The forecast for iron and steel scrap consumption in the North Central U.S. for pig iron and raw steel castings indicates a consistent decline from 2024 to 2028, with values decreasing slightly each year from 17.94 to 17.6 million metric tons. Compared to the previous year's consumption, this consistent downward trend represents a marginal decrease each year.

Future trends to watch include:

Potential impacts of environmental regulations on scrap utilization.
Advancements in recycling technologies which may influence scrap usage rates.
Fluctuations in domestic and international demand for finished steel products impacting scrap needs.
Economic factors affecting manufacturing investments and production capacity.