Iron and steel scrap consumption in Ohio, following a marginal decrease trajectory from 2024 to 2028, declines slightly year-over-year. Starting in 2024 at 7.37 million metric tons, consumption dips incrementally each year to 7.28 million metric tons by 2028. Though minute, this yearly decline highlights a modest CAGR decline indicating a steady, albeit slow, reduction in scrap utilization.
Key future trends to observe include the advancement of recycling technologies, the adoption of sustainable production practices, and economic variables impacting the construction and manufacturing sectors, as these factors could significantly influence scrap consumption patterns moving forward.
