Spain increased steel production by 17.8% m/m in January
Spanish steelmakers increased steel production by 17.8% – to 1.025 million tons in January 2025 compared to the previous month. Thus, the country ranked 16th in the global ranking of steel producing countries (69) by the WorldSteel Association.
Compared to January 2024, steel production by Spanish steelmakers increased by 4.6%, the highest since October last year.
In general, steel production in the EU countries last month decreased by 3.3% y/y and 3.7% m/m – to 10.3 million tons.
In December 2024, Spanish metallurgists produced 870 thousand tons of steel, down 14.3% month-on-month and 16% more y/y. In general, over the past year, production volumes increased by 3.3% y/y – to 11.82 million tons. The average monthly figure amounted to 985.2 thousand tons, while in 2023 it was 954.3 thousand tons, and in 2022 – 964.4 thousand tons.
There are 14 operating steel plants 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), 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).
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Steel Export Market Prices
Material | Price | Change |
---|---|---|
Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |