17
Mar
10:47
Energy crisis pushes Megasa to advance Seixal maintenance
Portuguese long steel producer SN Seixal, part of Grupo Megasa, says it is starting annual maintenance work. This was initially scheduled for the summer but was brought forward due to the forced stoppage of production on high energy costs, Kallanish learns.
Megasa stopped operating the SN Seixal and SN Maia plants on 5 March. The two facilities are the largest consumers of electricity and gas in Portugal.
It is understood that the production shutdown will have no…
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Very good overview of the weekly steel market.
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