Forecast: Import of Sections U of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm to the US

The import forecast for Sections U of Iron or Non-Alloy Steel to the US shows a downward trend from 2024 to 2028, starting at 49.671 million kilograms in 2024 and declining to 43.059 million kilograms by 2028. This follows a 2023 baseline volume of 51.268 million kilograms, representing a noticeable reduction year-on-year. Specifically, the year-on-year change reflects a decrease of 3.43% from 2024 to 2025, 3.48% from 2025 to 2026, 3.53% from 2026 to 2027, and 3.59% from 2027 to 2028. The overall compound annual growth rate (CAGR) from 2024 to 2028 suggests an average annual decline of approximately 3.51%.

Future trends to monitor include the impact of evolving trade policies, potential shifts in domestic steel production capacities, and broader economic factors such as steel demand fluctuations relating to infrastructure projects, which could influence import volumes and alter these projected figures.