In 2023, the import of granulated slag from the iron or steel industry to Canada stood at approximately 1.62 million US dollars. The forecasted data from 2024 to 2028 suggests a gradual decrease in the import value. Year-on-year variations from 2024 display a decreasing trend, as reflected in the continuous decline from 1.5035 million in 2024 to 1.26 million by 2028. The average annual decline (CAGR) over this period is expected to be around 3.5%, indicating a consistent downward trend in import values.

Future trends to watch for include:

Potential shifts in global supply chain policies affecting import costs.
Technological advancements in steel production that might impact slag use and demand.
Environmental regulations influencing the steel industry’s operational dynamics and slag by-product management.