Forecast: Steel Sheets and Strip, Hot-Dip Galvanized, Exports in the US

In 2023, the actual exports of hot-dip galvanized steel sheets and strips in the US were registered at approximately 1.63 million metric tons. From 2024 onwards, an upward trend is observed with forecasts showing a gradual increase from 1.66 million metric tons in 2024 to 1.80 million metric tons by 2028. This represents a compound annual growth rate (CAGR) of approximately 2% over the five-year period, indicating a steady year-on-year expansion, with individual annual growth rates fluctuating around 1.8% and 2.3% between consecutive years.

Future trends to watch for include:

  • Increased global demand for steel due to infrastructure projects and automotive production.
  • Potential trade policy changes that could impact export dynamics.
  • Technological advancements in steel production and galvanization processes.
  • Environmental regulations influencing production and energy consumption.

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