In 2023, the import value of cold rolled stainless steel of a width of 600 mm or more and thickness of 0.5-1.0 mm to the US was $259 million. Forecasts for 2024 to 2028 indicate a gradual decline in import values, with a compound annual growth rate (CAGR) reflecting a minimal negative trend. Year-on-year variations from 2025 onwards show a consistent slight decrease, indicating a modest contraction in imports.
Trends to watch for include global supply chain disruptions, changes in trade policies affecting tariffs, and domestic capacity expansion in the US, which could further impact import volumes and market dynamics. Monitoring these factors will be crucial for strategic planning.
