UNESID, the Spanish Steel Association, has reported a positive outlook for 2024, driven by increased scrap consumption and steel production. The association highlighted that the use of recycled steel has grown significantly, contributing to more sustainable production practices. This trend is expected to continue, supporting the industry’s efforts to reduce carbon emissions and improve environmental performance.
The report also noted that steel production in Spain has shown resilience despite economic challenges, with a steady increase in output. This positive trajectory is anticipated to bolster the domestic market and enhance Spain’s position in the global steel industry.