Forecast: Import of Welded Link of Iron or Steel to the US

The import of welded links of iron or steel to the US is projected to increase steadily from 50.687 million kilograms in 2024 to 53.065 million kilograms in 2028. In 2023, the figure stood at an estimated 50 million kilograms. From 2024 to 2025, the forecasted year-on-year growth is approximately 1.2%, while from 2025 to 2026, it is expected to rise by around 1.17%. Over the next two years, the import volume sees an average yearly increase of about 1.13%. The compound annual growth rate (CAGR) over the five-year forecast period is roughly 1.14%.

Future trends to watch include potential impacts of international trade policies, changes in domestic steel production, and emerging technologies in steel manufacturing that could influence import levels. It will be crucial to observe global market dynamics and raw material cost fluctuations.