Forecast: Iron and Steel Sector Final Consumption of Lignite in France

In 2023, the iron and steel sector in France saw lignite consumption levels at approximately the baseline value. Forecast for the period from 2024 to 2028 shows a gradual increase in lignite consumption, starting at 59 metric tons in 2024, incrementally rising to 66 metric tons by 2028. Year-on-year growth is at approximately 3.39% from 2024 to 2025, gradually decreasing to a 1.56% increase from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 stands at a stable 2.29%.

Future trends to watch for include:

  • Impact of France's energy transition policy potentially shifting away from lignite.
  • Technological advancements in the iron and steel sector that may alter lignite consumption patterns.
  • Possible regulatory changes affecting the use and import of lignite in France.

Top Countries about Iron And Steel