Forecast: Re-Import of Hot Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness More Than 10 mm and Minimum Yield Point Not Exceeding 355 Mpa to China

The forecasted re-import of hot rolled iron or non-alloy steel to China from 2024 to 2028 shows a steady upward trend, with volumes increasing from 32.75 million kilograms in 2024 to 36.522 million kilograms in 2028. In comparison to 2023, where data is unavailable, 2024 marks the beginning of a projected growth period. The year-on-year growth indicates a consistent rise, suggesting a positive trend in re-import volumes.

Future trends to watch include:

• Potential impacts of global trade policies and economic shifts, which may affect supply and demand dynamics.
• Technological advancements in steel manufacturing and recycling, potentially influencing import needs.
• China's domestic policy changes regarding steel use and sustainability measures, which could impact import volumes.