Spanish steel industry seeks reduced electricity prices

Tuesday, 07 July 2020 16:13:08 (GMT+3)   |   Istanbul
       

The Spanish steelmakers association UNESID and trade unions CCOO and UGT have sent a letter to Spain’s prime minister Pedro Sanchez, asking for measures to be adopted in relation to electricity prices that would help them compete with their competitors. UNESID said it also believes that the measures are required for a transition to carbon neutral steel production by 2050.

“It is absolutely necessary to end the differences between the price of electricity paid in Spain and in reference countries of the European Union, in particular France and Germany. A country without steel inevitably becomes a country without industry,” said Bernardo Valezquez, president of UNESID, adding, “The level of performance of our industry has had to be reduced, considering the stoppages and disruptions in manufacturing in many sectors that consume steel.”

Spain’s steel production in April and May this year was down 45 percent compared to the same months in 2019. Although there was a certain resumption in May, it will take long to return to the normal levels, as SteelOrbis understands. In 2019, Spain produced 13.6 million metric tons of crude steel.


Similar articles

Net profit increases in Q1 2024 at Aceros Arequipa

26 Apr | Steel News

Ternium’s net income up 2.3 percent in Q1

25 Apr | Steel News

German crude steel output increases by 6.0 percent in January-March

25 Apr | Steel News

CISA mills’ daily steel output up 0.33% in mid-April, inventory down 0.75%

24 Apr | Steel News

World crude steel output down 4.3 percent in March

23 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US raw steel production down 0.6 percent week-on-week

22 Apr | Steel News

US beam imports down 0.5 percent in February

22 Apr | Steel News

Italian crude steel production down 12.6 percent in March

22 Apr | Steel News

MMK’s crude steel output down 2.9 percent in Q1

19 Apr | Steel News