28
Mar
11:39
Megasa resumes Portugal production
Portuguese long steel producer SN Seixal, part of Grupo Megasa, resumed activity last weekend after the forced stoppage of production on high energy costs, Kallanish learns.
Megasa suspended production at the SN Seixal and SN Maia plants on 5 March after it became economically unviable. The two facilities are the largest consumers of electricity and gas in Portugal.
The production shutdown is understood not to have affected the rolling lines, which continued to r…
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Anonymous
Very good overview of the weekly steel market.
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