Spain’s crude steel output falls in Apr y-o-y due to high energy costs
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Update time : 2022-06-13 21:40:54
According to statistics from Spanish Steel Association (UNESID), Spain produced 1.12 million tons of crude steel in April this year, hitting a new high over the past five months, but this figure was down by 14% year on year due to high energy prices.
During the period from April 2021 to April 2022, Spain’s crude steel output amounted to 14.9 million tons, a year-on-year increase of 17%.
Spain’s new electricity market rules of price caps on natural gas will take effect on June 15, which could cut energy costs by 15%.
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