Spanish special steelmaker Sidenor says it resumed operations on Monday at its Reinosa plant’s rolling mill.
The facility, which produces special steel bar for the automotive sector, remained halted for almost a year after costlier energy in Spain impacted the company’s performance, Kallanish notes.
Production will involve 20-25 employees working in two shifts.
“The restart is possible thanks to the company’s investments in innovation, energy efficiency, decarbonisation, optimisation of resources and improvement of competitiveness,” it comments. “This also follows Sidenor’s forecast for growing market demand in 2024.”
In June, the steelmaker announced it is building a new 30-kilovolt (Kv) electricity supply line for the Reinosa plant. The project, which is valued at €2 million ($2.14m), should be completed in December.
The company is also advancing a project, in collaboration with Basque agency EVE, for the development and use of renewable energy sources. This involves the construction of eight photovoltaic solar plants in Lleida, Tarragona and Barcelona.
Todor Kirkov Bulgaria