Forecast: Import of Hot Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness of 4.75-10 mm and Minimum Yield Point Not Exceeding 355 Mpa to the US

The import of hot rolled iron or non-alloy steel (not in coils) to the US, with specific dimensions and yield point, is projected to decline from 52.942 million kilograms in 2024 to 30.257 million kilograms by 2028. The year-on-year percentage change from 2024 to 2025 shows a decline of approximately 11%, accelerating in subsequent years. This reflects a shrinking market with a projected compound annual growth rate (CAGR) of around -12% over the five-year period.

Future trends to watch for include potential shifts in US trade policies, energy prices affecting production and transport costs, and technological advancements in metal processing that could influence import demands and competitive pricing in this steel segment.