Spain increased steel production by 5.7% y/y in January-May

Spanish steel companies increased steel production by 5.7% in January-May 2025 compared to the same period in 2024, to 5.47 million tons. Thus, the country ranks 16th in the WorldSteel Association’s global ranking of steel-producing countries (70).

In May, Spanish steelmakers produced 1.15 million tons of steel, which is 4.2% more than in May last year and 2.1% more than in the previous month. Average monthly steel production in January-May amounted to 1.09 million tons, compared to 1.03 million tons a year earlier.

Overall, EU steelmakers reduced steel production by 3.1% y-o-y in May 2025 – to 11.4 million tons, and by 2.5% y-o-y in January-May – to 54.9 million tons.

As reported by GMK Center, at the end of 2024, Spain increased steel production by 3.3% compared to 2023, to 11.82 million tons. In December, Spanish metallurgists produced 870,000 tons of steel (-14.3% month-on-month; +16% year-on-year). The average monthly steel production in 2024 amounted to 985.2 thousand tons, while in 2023 it was 954.3 thousand tons, and in 2022 it was 964.4 thousand tons.

There are 14 operating steel mills in Spain: Megasa Siderúrgica Narón (capacity of 700 thousand tons of steel per year), ArcelorMittal Asturias (Gijón) (1.2 million tons per year), ArcelorMittal Asturias (Aviles) (4.2 million tons per year), Celsa Global Steel Wire Santander (750 thousand tons per year), Sidenor Aceros Especial Basuri (750 thousand tons per year). t/y), Sidenor Aceros Especiales Basuri (740 thousand t/y), ArcelorMittal Sestao (2 million t/y), Celsa Nervacero (1 million t/y), ArcelorMittal Olaberria-Bergara (1.45 million t/y), Megasider Zaragoza (500 thousand t/y), and Celsa Global Steel Wire Santander (4.2 million t/y), Celsa Barcelona Castellbisbal (2.5 million t/y), Grupo Gallardo Corrugados Getafe (600 thousand t/y), Grupo Gallardo Siderurgica Balboa Jerez de los Caballeros (1.3 million t/y), Riva Siderurgica Sevillana (1.3 million t/y), Acerinox Europa Los Barrios (1.2 million t/y).

  • Global Market

Excess steel production capacity continues to weigh on global markets – OECD

By 2026, global excess steel production capacity will reach 745 million tons. This is according…

Thursday June 4, 2026
  • Industry

Ukraine reduced imports of steel coke by 2.1% y/y in January–April

In January–April 2026, Ukraine’s steelworks reduced imports of coke and semi-coke (HS Code 2704) by…

Thursday June 4, 2026
  • Industry

Industrial production fell by 0.4% y/y in January–April

Industrial production in Ukraine fell by 0.4% year-on-year in the January–April period. This is linked…

Thursday June 4, 2026
  • Global Market

Trump’s tariffs have significantly reduced steel exports from the EU to the US – EUROFER

Since the US raised steel tariffs to 50%, exports of steel products from the EU…

Thursday June 4, 2026
  • Global Market

Turkey increased steel exports by 11.3% y/y in April

In April, Turkey increased its steel exports by 11.3% year-on-year to 1.3 million tonnes. The…

Thursday June 4, 2026
  • Infrastructure

200 million tonnes of cargo have been transported via the Ukrainian maritime corridor

Since its launch in September 2023, the Ukrainian maritime corridor has already handled 200 million…

Thursday June 4, 2026