The forecast for US stainless steel mill products and scrap exports from 2024 to 2028 shows a declining trend in volume, starting from 155.85 thousand metric tons in 2024 to 142.45 thousand metric tons by 2028. This represents a consistent annual decrease with a compound annual growth rate (CAGR) of approximately -2.26%. In comparison, in 2023, the actual export volume stood at 159.1 thousand metric tons, indicating a continuation of the downward trajectory.

Future trends to watch for include:

Shifts in global demand for stainless steel, which could impact export volumes positively or negatively.
Potential changes in US trade policies or tariffs that might influence market dynamics.
Technological advancements in production efficiency which may alter scrap material needs.
Environmental regulations affecting the scrap industry, potentially affecting supply chain dynamics.