During January-July, Spanish steelmakers increased steel output by 4.7% y/y

In July 2024, Spanish steelmakers reduced steel production by 9.1% compared to the previous month, to 900 thousand tons. Thus, the country was ranked 16th in the global ranking of steel producing countries (71) by the WorldSteel Association.

Compared to July 2023, Spanish steelmakers increased steel production by 8.8%.

In January-July 2024, Spain increased steel production by 4.7% compared to the same period in 2023, to 7.04 million tons. Average monthly steel production for 7 months amounted to 1 million tons compared to 974.14 thousand tons a year earlier.