The re-import forecast for hot rolled iron or non-alloy steel (not in coils) into France from 2024 to 2028 shows a steady increase in value, beginning at $1.7199 million in 2024 and rising progressively to $1.989 million by 2028. In 2023, the value of such imports was recorded at approximately $1.65 million. Year-on-year variations reflect a gradual increase: 4.05% from 2024 to 2025, 3.80% from 2025 to 2026, 3.59% from 2026 to 2027, and 3.39% from 2027 to 2028. Over the five-year outlook period, the CAGR stands at approximately 3.66%.
Future trends to watch for include:
- Potential changes in trade policies affecting the EU that could alter import dynamics.
- Fluctuations in steel demand and pricing influenced by global economic conditions.
- Technological advancements in production that may impact demand for re-imports.
- Environmental regulations potentially affecting supply and cost structures.
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