In the South Central region of the US, manufacturer consumption of iron and steel scrap for steel castings is forecasted to rise from 977.87 thousand metric tons in 2024 to 1,100 thousand metric tons by 2028. This reflects an annual growth trend, with the consumption increasing year-over-year by approximately 3.25% between 2024 and 2028. This steady increase suggests a healthy demand for steel castings, possibly driven by infrastructure development and automotive manufacturing needs.

Future trends to watch for include:

The impact of technological advancements in recycling and manufacturing that can enhance scrap consumption efficiency.
Potential policy changes and economic factors, such as tariffs or trade agreements, that may influence supply and pricing.
Environmental regulations that could affect the sourcing and use of scrap materials.