The forecasted re-import of hot-rolled iron or non-alloy steel in coils (600 mm or more width, 4.75-10 mm thickness, and yield point not exceeding 355 Mpa) to China reveals an upward trend from 2024 to 2028. Starting with 2.774 million kilograms in 2024, the volume sees a consistent year-on-year increase, reaching 3.1983 million kilograms by 2028. This indicates a compounded annual growth rate over the period.
Future trends to watch for include:
- Potential changes in global trade policies influencing demand and supply dynamics.
- China's economic growth and infrastructure development projects impacting steel consumption.
- Technological advancements in steel manufacturing affecting re-import rates.
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