Spain

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Unesid noted violations in the import of steel products for green energy

Incorrect declaration damages the economy and the local market

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Spanish steelmakers increased scrap consumption by 50% y/y in August

In January-August, the consumption of scrap increased by 3.8% y/y

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Spanish steelmakers are calling for the creation of an administration to manage CBAM

The industry is asking to speed up the process to regulate issues related to this mechanism

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Spain increased steel production by 35.3% m/m in September

In January-September, Spanish steelmakers reduced steel production by 5.7% y/y

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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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