9,807.50 TRY BIST 100 BIST 100
36.37 USD USD USD
5.04 CNY CNY CNY
38.11 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.70 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY 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.

Comments

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

Tosyalı Holding bids for Liberty Steel plant in Luxembourg

Saturday, February 22, 2025

Vietnam imposes 27.83% anti-dumping duty on China’s hot rolled steel coils

Sunday, February 23, 2025

Algerian long steel producers gain momentum in the global market

Thursday, February 20, 2025

South Korea increases tariffs amid currency fluctuations

Sunday, February 23, 2025

Australian Government announces $1bn fund for low-emission iron and steel production

Sunday, February 23, 2025
Follow List
Expand
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
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