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Spain - Latest news GMK Center

Photo – Global rebar prices are falling amid low demand in the construction sector
Global rebar prices are falling amid low demand in the construction sector

Quotations of rebar in Turkiye last week fell by 3.6%, in Italy – by 5.5%, in China – by 2.6%

Photo – ArcelorMittal agrees with unions on employment schemes at plants in Spain
ArcelorMittal agrees with unions on employment schemes at plants in Spain

The company is counting on an agreement that will allow the company to idle any of its plants in Spain for any period until the end of 2023

Photo – The Spanish government promised to support the steel industry in the event of energy crisis
The Spanish government promised to support the steel industry in the event of energy crisis

In recent months, the country's government has allocated more than €850 million to support local gas and electricity-intensive industries

Photo – Spain’s Ferroatlántica shuts down two furnaces due to rising energy prices
Spain’s Ferroatlántica shuts down two furnaces due to rising energy prices

The plant preserving units for an indefinite period of time – until the price per megawatt is controlled

Photo – ArcelorMittal to shut down one BF at its Asturias plant in September
ArcelorMittal to shut down one BF at its Asturias plant in September

The capacity of the Spanish plant will be reduced due to weak demand for products

Photo – ArcelorMittal postponed the lauch of an ACB plant in Spain due to low demand
ArcelorMittal postponed the lauch of an ACB plant in Spain due to low demand

The company decided not to resume the plant's operation after summer maintenance

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