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17 May

Spain’s March scrap consumption falls despite production growth

Spanish steel industry scrap consumption fell sequentially in March, but steel production moved up, Kallanish notes. Both indicators remained weaker compared to the same period in 2023. Spain’s ferrous scrap consumption slipped 8.5% or 64,000 tonnes on-month in March to 711,000t. This volume was also 28% less on-year. According to Spanish steelmakers' association Unesid, three-month scrap usage was 2.24 million tonnes, representing 77.2% of total crude s…
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