Forecast: Import of Cold Rolled Stainless Steel of a Width of 600 mm or More, Thickness of 1.0-3.0 mm to China

The import of cold rolled stainless steel with specified dimensions to China is set to decline from 53.937 million kilograms in 2024 to 42.922 million kilograms by 2028. This marks a consistent decrease year-on-year: a drop of approximately 5.25% from 2024 to 2025, 5.45% from 2025 to 2026, 5.64% from 2026 to 2027, and 5.86% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period is projected at around -5.60% annually, indicating a steady contraction in import volume.

Future trends to monitor include:

  • Global economic shifts impacting China's demand for imported steel.
  • Domestic production capabilities and capacity enhancements.
  • Trade policies and tariffs affecting steel imports.
  • Technological advancements in alternative materials substituting stainless steel.

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