The forecast for slag scrap ending stocks at manufacturers of pig iron and raw steel and castings in the US predicts a steady decline from 2024 to 2028. In 2024, the stocks stand at 75.58 thousand metric tons, decreasing to 61.51 thousand metric tons by 2028. The year-on-year reduction indicates a consistent decline, with a compound annual growth rate (CAGR) over the five-year period highlighting an average annual decrease. This downward trend is reflective of improved efficiency or reduced demand for slag scrap in manufacturing processes.
Future trends to watch for include potential advancements in recycling technologies that may impact slag scrap usage and shifts in market demand that could alter this forecast. Monitoring these changes will be crucial for understanding stock levels in the coming years.
