The non-alloy steel ingots and long semi-finished products market in Germany is forecasted with a declining trend in volume from 2024 to 2028. In 2023, the market stood at 3.8 billion kilograms. Between 2024 and 2025, the volume is expected to decrease by approximately 10.7%. Further declines are projected, with a year-on-year reduction of around 11.8% in 2025-2026, 13.3% in 2026-2027, and 15.1% in 2027-2028. The Compound Annual Growth Rate (CAGR) over the five-year span is anticipated to be negative, indicating a significant drop annually.
Future trends to watch include:
- Potential shifts in manufacturing strategies due to environmental regulations.
- The impact of technological advancements on production efficiencies.
- Changing global trade dynamics affecting demand and supply chains.
- Increased focus on sustainability leading to possible declines in traditional steel usage.
Latest reports
US Steel Market Report- Q1 2025
The US steel market in Q1 2025 is navigating a complex landscape shaped by significant investments, evolving trade policies, and a strong focus...
China Steel Market Report- Q1 2025
In the first quarter of 2025, the steel market in China faced significant challenges and opportunities amid a volatile global economic landscape. The...
Japan Steel Market Report- Q4 2024
In the fourth quarter of 2024, the steel industry in Japan navigated a complex economic landscape characterized by declining production levels and fluctuating...
Germany Steel Market Report- Q1 2025
In the first quarter of 2025, the Germany steel industry is navigating complex economic and geopolitical landscapes. Pressured by high energy costs due...
India Steel Market Report- Q1 2025
In the first quarter of 2025, the steel industry in India has exhibited considerable dynamism, driven by both domestic and international factors. The...
France Steel Market Report- Q1 2025
The France steel market in Q1 2025 faced a challenging quarter characterized by a decline in production and a complex economic backdrop. The...
Canada Steel Market Report- Q1 2025
The first quarter of 2025 has been transformative for the Canadian steel market, characterized by significant changes in trade policies and market dynamics....
Brazil Steel Market Report- Q1 2025
The first quarter of 2025 has been a pivotal period for the Brazilian steel industry, marked by significant shifts in trade policies, sustainability...
Italy Steel Market Report- Q1 2025
The Italy steel market in the first quarter of 2025 is navigating a complex landscape characterized by fluctuating production and evolving market demands....
South Korea Steel Market Report- Q1 2025
The South Korean steel market is navigating a complex landscape in Q1 2025, influenced by global trade policies, domestic economic conditions, and technological...
