Transport disruptions impact Spanish steel industry, ArcelorMittal halts finishing lines

Monday, 21 March 2022 14:14:29 (GMT+3)   |   Istanbul

According to the Spanish steelmakers association UNESID, the third day of stoppages in transportation due to a truck drivers’ strike is creating a greater impact than expected particularly for the domestic steel industry.

According to the statement, the problems in road transport add one more difficulty to the price of electricity and represent a brake on the recovery of activity after the pandemic.

UNESID said that the Spanish economy, and in particular the steel industry, need a quick solution to this problem so that a situation that is already tremendously delicate does not get worse, as a consequence of the energy crisis and the war in Ukraine.

In addition, Luxembourg-based ArcelorMittal has stopped its finishing lines at its Gijon plant in Spain, due to lack of supplies as a result of the disruption of transportation. The company’s cold rolling mill and annealing line have already been halted. ArcelorMittal has also decided to stop its wire rod plants in Spain.

DamlaTükenmez
Damla Tükenmez
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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