The forecast for the import of cold-rolled iron or non-alloy steel coils with specified dimensions to China indicates a declining trend from 2024 to 2028. Starting at 378.06 million kilograms in 2024, the imports decrease to 115.7 million kilograms by 2028. Compared to 2023 figures, the year-on-year change reveals a consistent reduction with notable decreases each subsequent year. The cumulative average growth rate (CAGR) over the five-year period reflects a significant annual decline in import volumes.
Future trends to watch include China’s domestic production capability and policy changes, global steel demand shifts, and international trade adjustments, which could further influence import patterns.
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