The forecast for diesel oil consumption in the smelting and pressing of ferrous metals in China indicates a steady decline from 2024 to 2028, starting at 46.19 ten thousand metric tons in 2024 and decreasing to 43.78 ten thousand metric tons by 2028. This represents a year-on-year decline of about 1.8% on average, with a Compound Annual Growth Rate (CAGR) of -1.3% over the five-year period. In 2023, the consumption stood higher, indicating a gradual reduction pattern as the industry seeks more efficient technologies and energy alternatives.

Future trends to watch include:

Adoption of cleaner and more sustainable energy sources in metallurgical processes.
Government regulations aiming to reduce carbon emissions and reliance on diesel.
Technological advancements in energy efficiency and alternative fuels.