The import of converters used in metallurgy or metal foundries to Brazil is projected to show a steady increase from 2024 to 2028. The forecast for 2024 is 19.692 million kilograms, with an upward trend evident over the subsequent years, reaching 23.842 million kilograms in 2028. Historically, these imports were at a lower level in 2023; however, the exact figure is not mentioned. Year-on-year growth rates suggest a continuous increase with varying percentages, and the cumulative average growth rate reflects a positive long-term trend.
Future trends to watch for include advancements in metallurgical technology, shifts in global steel production, and potential changes in trade policies which may impact the demand for converters. Environmental regulations and industry demand fluctuations are also important factors for future forecasting.
