In 2023, the import of waste, scale, dross, slag of iron or steel to the US stood at a significant volume. From 2024 to 2028, forecasts indicate a consistent year-on-year decrease, starting from 117.12 million kilograms in 2024, declining at a compound annual growth rate (CAGR) reflecting a downtrend. Each subsequent year sees a drop in import volume, indicating a potential shift in market demand or increased domestic processing capabilities.
Future trends to watch for include:
- Technological advancements in waste recycling and processing.
- Changes in US and global environmental policies impacting import regulations.
- Shifts in the steel industry’s demand for imported waste materials.
