In 2023, the sold production of flat semi-finished products of non-alloy steel in Germany stood at 216.62 million Euros. The forecasted values from 2024 to 2028 indicate a consistent downward trend. From 2024 to 2025, the sector is expected to decline by approximately 14%. This trend is forecasted to continue, with further reductions of around 16% annually thereafter, projecting a compounded average growth rate (CAGR) of about -17.22% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Demand fluctuations due to economic shifts or technological advancements affecting steel demand.
- Potential impacts of new environmental regulations or industry standards.
Latest reports
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