During January-July, Spanish steelmakers
increased steel output by 4.7% y/y
In July 2024, Spanish steelmakers reduced steel production by 9.1%
compared to the previous month, to 900 thousand tons. Thus, the country was
ranked 16th in the global ranking of steel producing countries (71) by the
WorldSteel Association.
Compared to
July 2023, Spanish steelmakers increased steel production by 8.8%.
In
January-July 2024, Spain increased steel production by 4.7% compared to the
same period in 2023, to 7.04 million tons. Average monthly steel production for
7 months amounted to 1 million tons compared to 974.14 thousand tons a year
earlier.
In
January-July 2024, steel production in the European Union increased by 1.5%
compared to January-July 2023, to 78 million tons. Global steel production for
7 months amounted to 1.11 billion tons, which is 0.7% less than in the same
period last year.
As GMK Center reported earlier, in 2023, Spain reduced steel production by 2.7% compared to 2022,
to 11.26 million tons. The average monthly steel production amounted to 938.5
thousand tons, while in the same period of 2022 the figure was 964.42 thousand
tons (-2.69% y/y).
There are 14
operating steel enterprises in Spain: Megasa Siderúrgica Narón (capacity of 700
thousand tons of steel per year), ArcelorMittal Asturias (Gijón) (1.2 million
tons per year), ArcelorMittal Asturias (Aviles) (4.2 million tons per year),
Celsa Global Steel Wire Santander (750 thousand tons per year), Sidra Steel
Wire (750 thousand tons per year), Sidenor Aceros Especiales Basuri (740
thousand t/y), ArcelorMittal Sestao (2 million t/y), Celsa Nervacero (1 million
t/y), ArcelorMittal Olaberria-Bergara (1.45 million t/y), Megasider Zaragoza
(500 thousand t/y), and t/y), Celsa Barcelona Castellbisbal (2.5 million t/y),
Grupo Gallardo Corrugados Getafe (600 thousand t/y), Grupo Gallardo Siderurgica
Balboa Jerez de los Caballeros (1.3 million t/y), Riva Siderurgica Sevillana
(1.3 million t/y), Acerinox Europa Los Barrios (1.2 million t/y).
The total
capacity of the plants is 19.44 million tons per year. Thus, in 2023, capacity
utilization was 58%.
Hydnum Steel recently announced plans to build the first green steel
plant in Spain and one of the first in Europe. The future facility, which will
be located in Puertollano, will produce high-quality rolled steel using green
hydrogen to produce direct reduction iron (DRI).
The initial
production volume of the Hydnum Steel plant will be 1.5 million tons of rolled
steel per year. At subsequent stages, it will be increased to 2.6 million tons
per year. The project received priority status from the government of the
province of Castile-La Mancha.