In 2023, the blast furnace gas available for final consumption in the UK was recorded at -5,000 tonnes of oil equivalent. Forecasts for 2024 onwards indicate a significant decline, with values dropping from -10,710 in 2024 to -33,400 in 2028. The year-on-year percentage variations indicate an accelerating negative trend, with an average annual decrease of around 33 percent over the five years from 2024 to 2028.

Future trends to watch for include:

Further advancements in technology that may affect the efficiency and utilization of blast furnace gas.
Policy changes focused on emissions reduction that may impact the demand and supply dynamics of traditional industrial gases.
Shifts in the steel industry, particularly any production declines, which may exacerbate the decline in blast furnace gas availability.