In 2023, the import volume of sections L/T of iron or non-alloy steel not further worked than hot-rolled, hot-drawn, or extruded, with a height of more than 80 mm, was notably higher than the forecasted data for 2024 to 2028. Over this period, a continuous slight decline is predicted, with a cumulative decrease in the overall import volume from 2024 through 2028. The average annual decrease, calculated as a Compound Annual Growth Rate (CAGR), reflects a gradual reduction in imports.
Future trends to watch for include:
- Potential influence of technological advancements on steel processing efficiency.
- Economic factors impacting France's industrial demand for such imports.
- Trade policies that may affect import volumes and competitive dynamics.
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