Forecast: Consumer Stocks of Steel and Iron Scrap in California, Oregon, Washington in the US

The forecasted consumer stocks of steel and iron scrap in California, Oregon, and Washington exhibit a declining trend from 2024 to 2028, with values decreasing incrementally from 155.63 to 154.73 thousand metric tons over five years. The year-on-year variations indicate a gradual reduction in volume, averaging a minor decrease annually when viewed over this period. It's important to note that in 2023, the actual stock level provided the baseline for this forecasted decline.

Future trends to watch for include:

• Technological advancements in recycling processes, potentially affecting scrap availability.
• Fluctuations in global steel demand impacting regional supply chains.
• Regulatory shifts in environmental policies influencing scrap circulation and usage.