Forecast: Import of Hot Box Roll Iron or Non-Alloy Steel of a Width Less Than 600 mm, Thickness More Than 4.75 mm, Unclad to India

The forecasted import of hot box roll iron or non-alloy steel (width < 600 mm, thickness > 4.75 mm, unclad) to India shows a significant decline from 1.114 million kilograms in 2024 to 0.093 million kilograms in 2028. From 2023's actual imports, this represents a considerable downward trend in annual imports, with each subsequent year seeing a sharp decrease. Year-on-year percentage variance reveals a steady decline each year. The five-year CAGR highlights an average annual contraction over this period.

Future trends to watch for include potential shifts in domestic production capacity, changes in trade policies affecting steel, and fluctuations in global demand that could further impact India's import volumes in the coming years.