Forecast: Re-Import of Sections, I of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm to China

The re-import of sections I of iron or non-alloy steel not further worked than hot-rolled, hot-drawn, or extruded, of a height of more than 80 mm to China is projected to decline steadily from 2024 to 2028. The forecast data indicates a continuous decrease in volume, starting at 7.0069 million kilograms in 2024 and dropping to 6.618 million kilograms by 2028. Compared to the 2023 figures, this trend represents a consistent negative year-on-year change, reflecting a declining demand or increased local production capacity taking precedence.

Future Trends to Watch:

• Monitoring global steel prices and their impact on re-import levels.
• China's domestic production capabilities and policy changes affecting import demand.
• Potential developments in trade relationships and tariffs on iron and steel between China and foreign markets.