The forecast for the import of bar and rod of silico-manganese steel of irregular coils to the US indicates a declining trend from 2024 to 2028. In 2023, the import volume stood at approximately 38 million kilograms. A year-on-year analysis reveals a decrease of approximately 12% in 2025, 13.5% in 2026, 15.3% in 2027, and 17.7% in 2028. Over the forecasted five-year period, the compound annual growth rate (CAGR) is negative, indicating an average annual reduction of around 13.2%.

Key future trends to watch include:

Changes in US steel import policies and tariffs that could affect import volumes.
Shifts in global steel production and demand, particularly in silico-manganese steel markets.
Technological advancements and innovations in material usage that may impact the demand.