In 2023, pig iron consumption in Pennsylvania was established at 1.53 million metric tons. From 2024 onwards, there is a clear forecasted decline in consumption: 2024 (1.45 million metric tons), 2025 (1.38), 2026 (1.31), 2027 (1.25), and 2028 (1.19). This reflects a consistent year-on-year decrease in consumption. Between 2024 and 2025, the consumption drop is approximately 4.83%, followed by a 5.07% decrease to 2026. The average compound annual growth rate (CAGR) over these years is a negative value, indicating a steady decline.

Future trends to watch for:

Technological advancements in steel production that might reduce pig iron dependency.
Economic factors affecting infrastructure development in Pennsylvania.
Environmental regulations influencing raw material usage.
Potential shifts towards alternative materials or methods in steel manufacturing.