The import of cold-rolled narrow strip and cold-rolled slit strip of non-alloy and alloy steel to France is projected to decrease from 132.19 million kilograms in 2024 to 102.14 million kilograms by 2028. Compared to 2023, the downward trend reflects a consistent reduction in demand or adjustments in import strategies, with year-on-year variations indicating a gradual decrease of around 5-7% annually. Over the five-year period, the compound annual growth rate (CAGR) suggests an average decline per year that aligns with these trends.
Future trends to watch for include potential shifts in global supply chains, changes in trade policies, and innovations in materials that could alter the demand and supply dynamics of these steel products. Environmental regulations and technological advancements might also impact the import levels and the choice of materials among industry players in France.
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