Spain increased steel production by 8.9% y/y in February

In February 2025, Spanish steelmakers increased steel production by 8.9% compared to the same period in 2024, to 1.03 million tons. Thus, the country moved up to 15th place in the global ranking of steel producing countries (69) by the WorldSteel Association.

The country’s production volumes increased by 0.8% month-on-month. In January-February, the industry produced 2.06 million tons of steel, up 6.7% year-on-year.

Overall, EU steelmakers reduced steel production by 7.1% y/y – to 3.3 million tonnes in February 2025 and by 5.1% y/y – to 20.4 million tonnes in January-February.

As GMK Center reported earlier, in 2024, Spain increased steel production by 3.3% compared to 2023, to 11.82 million tons. In December, Spanish steelmakers produced 870 thousand tons of steel (-14.3% m/m; +16% y/y). 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 – 964.4 thousand tons.

There are 14 operating steel plants 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), Sidra Steel Wire (750 thousand tons per year), 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 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).