Trade Resources Economy Spain's Crude Steel Output in 2012 Downs by 12% From The Previous Year

Spain's Crude Steel Output in 2012 Downs by 12% From The Previous Year

It is learned that Spain´s crude steel output in 2012 was 13.6 million tons, down by 12% from the previous year.

According to the country´s Steel Companies Union (UNESID), this output number represents a consecutive year of poor performance, after 5.1% drop in 2011.

However, the crude steel production in the first two months this year had improved to -6% and -2% respectively.

In terms of the product range, long products had a moderate drop of 8% that is much better than flat product´s drop of 21%, mainly contributed by exportation market.

As for the apparent steel consumption in 2012 it was dropped 19% and the total sales revenue of UNESID’s members totaled 11.1 billion euros which represents decrease of 12.6%.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63897&division=A2
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Spain's Steel Production Down by 12% in 2012
Topics: Metallurgy