The import of remelting scrap ingots of iron or steel to Germany is forecasted to increase steadily from 2024 to 2028, beginning at 7.8357 million kilograms in 2024 and reaching 8.3777 million kilograms by 2028. This trend represents a consistent year-on-year growth with the average increase (CAGR) indicative of a positive trajectory. Before 2024, data indicates that imports were lower, affirming a rising demand and reliance on imported remelting scrap ingots.
Future trends to observe include:
- Supply chain stability and geopolitical influences affecting import volumes and pricing.
- Technological advancements in steel recycling potentially altering import dependency.
- Environmental regulations impacting production and scrap availability.