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12 Jul
13:11

Spain’s May scrap consumption slips, steel production grows

Spanish steel industry scrap consumption fell sequentially in May, despite increased steel production, Kallanish notes. Both indicators nevertheless remained higher compared to the same period in 2023. Spain’s ferrous scrap consumption slipped by 2.5% or 23,000 tonnes on-month in May to 884,000t. This volume, however, was 1% more on-year. According to Spanish steelmakers' association Unesid, five-month scrap use was 4.17 million tonnes, representing 81.4…
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