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18 May

Spain increases scrap consumption in February

Spain increased ferrous scrap consumption by 5.6% or 104,000 tonnes on-month in February to 769,000t. This was however a 2% on-year drop. Two-month scrap usage was 1.43 million tonnes, representing 82.6% of total crude steel production in January-February 2023, Kallanish notes. According to Spanish steelmakers' association Unesid, the local steel industry produced around 942,000t of crude steel in February. This was 18.6% more than January’s output of 7…
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