8,087.24 TL BIST 100 BIST 100
28.93 $ USD USD
€31.38 EUR EUR
38.49 TL Interest Interest
78.05 $ Fossil Oil Fossil Oil
24.51 $ Silver Silver
3.83 $ Copper Copper
129.79 $ Iron Ore Iron Ore
385.00 $ Ship Dismantling Ship Dismantling
1,889.62 TL Gold (gr) Gold (gr)

Sidenor announces that it will restart the Reinosa rolling mill in October

Spain's speciality steel producer Sidenor announced that it will restart production at the rolling mill at its Reinosa plant in northern Spain.

Sidenor announces that it will restart the Reinosa rolling mill in October

The plant, which produces speciality steel bars for the automotive sector, had been shut down for almost a year after energy prices in Spain affected the company's performance.

Last Friday, Sidenor's management held a meeting with representatives of the works council and announced that the plant will restart in October with two shifts involving 20-25 employees.

"The restart was made possible thanks to the company's investments in innovation, energy efficiency, decarbonisation, optimisation of resources and increasing competitiveness," commented the workers' union UGT.

In June, Sidenor announced the construction of a new 30 kilovolt (Kv) electricity supply line for the Reinosa plant. The project, valued at €2 million ($2.14 million), is expected to be completed in December.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Iron and steel prices on an upward trend

Tuesday, December 5, 2023

"You Have the Say - Steel Conversations" discussed the challenges of the Turkish steel industry

Tuesday, December 5, 2023

Price disparity raises questions in the Middle East's steel market

Tuesday, December 5, 2023

US HRC imports fell in October

Tuesday, December 5, 2023

US crude steel production rises on a weekly basis

Tuesday, December 5, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now