In 2023, the import value of flat rolled iron or non-alloy steel coated with tin (of a width of 600 mm or more, thickness less than 0.5 mm) to the US stood at approximately 901 million USD. Forecast data indicates steady growth, with imports reaching an estimated 1013.6 million USD by 2028. This represents a year-on-year growth average of around 2.2% to 2.6% up to 2028, suggesting a robust import demand.
Future trends to watch for include:
- Supply chain dynamics and geopolitical impacts affecting US import sources.
- Technological advancements and sustainability initiatives within the steel manufacturing industry.
- Domestic policy shifts impacting duties and tariffs on steel imports.
