Spanish special steelmaker Sidenor says it is resuming production at the rolling mill at its Reinosa plant in northern Spain. The facility, which produces special steel bar for the automotive sector, remained halted for almost a year after the costlier energy prices in Spain impacted the company’s performance, Kallanish notes.
Last Friday, Sidenor’s management held a meeting with representatives of the workers’ council to inform them that the facility will start up in October with two working shifts involving 20-25 employees.
“The restart is possible thanks to the company’s investments in innovation, energy efficiency, decarbonisation, optimization of resources and improvement of competitiveness,” comments the workers union UGT. “This also follows Sidonor’s estimate of growing market demand in 2024.”
In June, Sidenor announced that 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 the Basque agency EVE, for the development and use of renewable energy sources that involves the construction of eight photovoltaic solar plants in Lleida, Tarragona and Barcelona (see Kallanish passim).
Todor Kirkov Bulgaria
