Spain

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ArcelorMittal continues the program of temporary layoffs in Spain

The trade unions agreed with the company to extend the temporary employment regulation scheme for three months

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Spain cut scrap consumption to a six-month low in July

During the month, Spanish steelmakers consumed 587,000 tons of scrap

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Spain reduced steel production by 12.2% m/m in August

In January-August, Spanish steelmakers reduced steel production by 7.1% y/y

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ArcelorMittal is considering extending the temporary employment scheme in Spain

The deterioration of prospects in the steel market prompted the company to start negotiations with the trade unions

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Spain reduced steel production by 9.3% y/y in January-July

In July, Spanish metallurgists reduced their steel output by 4.3% m/m and 4.1% y/y

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Spain reduced steel production by 10% y/y in January-June

In June, Spanish steelmakers reduced steel output by 10% m/m and 6.8% y/y

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Spain’s steel industry is affected by high energy costs – Unesid

Spanish steel producers also need increased government support

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ArcelorMittal plans to restart blast furnace A at the Gijon plant in July

The unit was stopped on March 22, 2023, when a fire broke out during routine maintenance of the blast furnace

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Spain increased steel production by 10% m/m in May

During the month, Spanish steelmakers produced 1.45 million tons of steel

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Steel exports from Spain decreased by 14% y/y in 2022

Due to rising energy costs, steel shipments from Spain fell to the level of pandemic 2020

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Business unions in Asturias are studying ArcelorMittal’s new offer

Works councils at ArcelorMittal plants in Aviles, Gijón and Aboño suspended strikes

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ArcelorMittal has restarted the Spanish ACB plant

At the same time, the company has not yet completed the cleaning of blast furnace A at the Gijon plant

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