The pig iron consumption in the South Central US from 2024 to 2028 shows a slight declining trend. In 2023, the consumption stood at 4.42 million metric tons. Comparing year-on-year variations, the consumption decreases by 0.45% in 2025, 0.68% in 2026, 0.46% in 2027, and 0.46% again in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates an average annual decline of approximately 0.50%.

Future trends to watch for include:

Potential impacts of technological advancements in steel production on pig iron demand.
Evolving environmental regulations influencing production practices and their consequent impact on raw material usage.
Economic conditions affecting the construction and manufacturing sectors, which are primary consumers of pig iron.