In 2023, the re-import volume of hot rolled bar and rod grooved iron or non-alloy steel in irregular coils to Canada stood at an actual level (not provided in data, assumed for contextual understanding). Forecasts predict a continuous decline from 453.31 thousand kilograms in 2024 to 427.86 thousand kilograms by 2028. This suggests a consistently decreasing trend, with negative year-on-year percentage changes, culminating in an overall negative compound annual growth rate over five years.

Future trends to watch for include:

Potential shifts in Canada's domestic steel demand and supply chain dynamics, possibly influencing re-import needs.
Global market conditions and trade policies impacting steel imports.
Technological advancements in steel production and recycling affecting import volumes.