As of 2024, the forecast for the import of unagglomerated iron ore and concentrate to the US shows a steady increase from 4.054 billion kilograms in 2024 to 4.588 billion kilograms in 2028. Historically, the volume was 4.054 billion kilograms in 2023. The year-on-year variations indicate a gradual rise, with percentages around 3-3.5% annually, highlighting consistent growth.
Projected future trends include:
- Steady demand growth driven by infrastructure and industrial needs.
- Potential impact of global trade policies and tariff changes.
- Technological advancements in mining and production efficiencies.
