The forecast for the re-import of woven products of iron or steel, except stainless steel, to Canada shows a steady increase from 2024 through 2028. In 2023, the value of these imports was not provided, so current forecasts cannot be compared directly against that baseline year. However, from 2024 onwards, anticipated year-on-year growth is consistent, indicating rising demand or potentially increasing global market prices.

Key trends to watch:

Monitor global market conditions for iron or steel products, which could impact pricing and demand.
Trade policies or tariffs influencing the import-export dynamic between Canada and major trading partners.
Sustainability initiatives that might affect the steel industry and potentially alter sourcing and import patterns.