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Spain - Latest news GMK Center

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

Spanish steel producers also need increased government support

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

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

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

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

Photo – Business unions in Asturias are studying ArcelorMittal’s new offer
Business unions in Asturias are studying ArcelorMittal’s new offer

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

Photo – ArcelorMittal has restarted the Spanish ACB plant
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

Photo – Spain increased steel production by 22.2% m/m in March
Spain increased steel production by 22.2% m/m in March

During the month, Spanish steelmakers produced 1.13 million tons of steel

Photo – Steel demand in Spain decreased by 4% y/y in 2022
Steel demand in Spain decreased by 4% y/y in 2022

The past year was marked by a slowdown in production amid a sharp rise in energy prices

Photo – Spain approves funding for ArcelorMittal Gijón decarbonisation project
Spain approves funding for ArcelorMittal Gijón decarbonisation project

The company will receive €450 million to build a direct reduction plant that will replace two blast furnaces

Photo – The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market
The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market

The main shortage of hot-rolled steel in the EU is expected in the summer 2023

Photo – ArcelorMittal warned of delays in the supply of rolled steel in Europe
ArcelorMittal warned of delays in the supply of rolled steel in Europe

The company is assessing the consequences of fires that occurred at blast furnaces in Spain and France

Photo – ArcelorMittal is assessing damage from a fire at a plant in Spain
ArcelorMittal is assessing damage from a fire at a plant in Spain

The terms of the forced shutdown of blast furnace A have not yet been determined

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