The forecast for iron and steel supply available for consumption in Wisconsin indicates a gradual decline from 2024 to 2028, decreasing from 2.18 million metric tons in 2024 to 2.11 million metric tons in 2028. In 2023, the supply stood at 2.20 million metric tons. The year-on-year percentage variations show slight decreases, with 2024 witnessing a 0.91% drop from 2023, continuing this trend annually. The compound annual growth rate (CAGR) for the period from 2024 to 2028 averages at -0.79% per year, showing a consistent downtrend.

Future trends to watch for include:

Potential advancements in steel recycling technologies which could impact supply dynamics.
Changes in tariff policies and international trade agreements affecting import volumes.
Developments in construction and manufacturing sectors in Wisconsin that could shift demand patterns.