Forecast: Import of Waste or Scrap of Alloy Steel, Other Than Stainless to the US

Based on the forecasted data, the import of waste or scrap of alloy steel, other than stainless, to the US is set to increase steadily from 785.08 million kilograms in 2024 to 855.21 million kilograms in 2028. This forecast suggests a consistent upward trend with an average annual increase. The year-on-year variations indicate a growth of approximately 2.3% from 2024 to subsequent years, showcasing a stable demand trajectory. As we compare these values to the 2023 data, which serves as the baseline, we can further validate the growth trend since all data from 2024 onward are projections.

Future trends to watch for include:

• Potential regulatory changes impacting the import policies for waste and scrap metals.
• Shifts in global demand for recyclable materials driven by sustainability initiatives.
• Technological advancements in recycling processes that may influence import volumes.
• Fluctuations in global market prices for alloy steel, affecting import levels.