02
Aug
12:26
Spain’s May steel production, scrap consumption increase
The Spanish steel sector saw scrap melting and production increase on-month in May, Kallanish notes. Both activities, however, remained weaker than the same month a year ago.
Spain’s ferrous scrap consumption rose by 1.3% or 11,000 tonnes on-month in May to 873,000t. According to the Spanish steelmakers' association Unesid, this was a drop of 10% on-year.
Five-month scrap usage was 4.19 million tonnes, representing 84.8% of total crude steel production …
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Anonymous
Very good overview of the weekly steel market.
Anonymous