The import forecast of waste, scale, dross, and slag of the iron or steel industry to Canada shows a steady year-on-year growth from 2024 to 2028. In 2023, the actual value stood at a baseline setting. The projected rise from 2024 to 2028 hovers around a consistent progression in million US dollars, indicating a stable upward trend primarily driven by industry demands and waste management strategies.

Future trends to watch for include:

The development of domestic recycling technologies and processes that could affect import needs.
Fluctuations in international steel markets impacting import dynamics and pricing.
Policy changes in environmental regulations both in Canada and globally, influencing the trade of these materials.
Technological advancements that might lead to reduced production of waste and slag.
Global economic conditions that could impact exchange rates and trade policies.