Forecast: Import of Cold Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness of 0.5-1 mm and Minimum Yield Point Not Exceeding 275 Mpa to India

The forecasted import data for Cold Rolled Iron or Non-Alloy Steel in Coils to India shows a consistent decline from 2024 to 2028, starting at 151.45 million USD in 2024, down to 130.73 million USD by 2028. In 2023, the actual import value was higher, suggesting a downward trend in subsequent years. Year-on-year, the value decreases between 3-4% annually, with a five-year CAGR of approximately -3.7%, indicating a significant reduction in imports over the forecast period.

Future trends to watch include:

• Global supply chain dynamics affecting import costs and volumes
• Domestic production capabilities and policies impacting import demand
• Any changes in India's infrastructure and construction sectors driving demand for steel products
• International trade policies and tariffs that may influence importing trends