The UK's import of hot-rolled bars of alloy steel is forecasted to decline steadily from 69.7 million kilograms in 2024 to 67.154 million kilograms in 2028. This reflects a consistent downward trend, decreasing by approximately 1% annually. In 2023, imports stood at a level just higher than 2024's forecast, marking the beginning of this declining trend.

Future trends to watch for include:

Changes in the UK’s domestic production capacities, potentially influencing import needs.
Shifts in global steel prices and supply chain dynamics, impacting import volumes.
The UK's economic health post-Brexit, affecting industrial demand for alloy steel.