Forecast: Iron and Steel Scrap Consumption in California, Oregon, Washington in the US

In 2023, iron and steel scrap consumption in California, Oregon, and Washington stood at 1.93 million metric tons. From 2024 to 2028, it is forecasted to decrease gradually reaching 1.79 million metric tons, with year-on-year declines averaging around 0.53%. Notably, the five-year CAGR reflects a consistent downward trend at approximately 1.5% per annum.

Future Trends to Watch:

  • Advancements in recycling technologies may influence scrap availability and usage efficiency in the region.
  • Regulatory changes in waste management could impact the scrap industry significantly.
  • Fluctuations in global steel demand may alter scrap export dynamics.

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