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According to data released by the industry association Unesid, Spain's steel output fell by 21% year-on-year to 2.59 million tonnes in the first quarter of 2026. HDT450F+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , This figure marks the lowest level recorded for the period since 2020, primarily due to production constraints resulting from the shutdown of a blast furnace at Gijón—the country's largest production site—since the beginning of the year.
Unesid data shows that Spain's steel production in March 2026 stood at 967,000 tonnes, down 19% year-on-year, marking the eighth consecutive month of decline. Cumulative output over the past 12 months fell by 9% year-on-year to 11.1 million tonnes, the lowest level since November 2023. HDT450F+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , Spain is Europe's fourth-largest steel producer—ranking behind Germany, Italy, and France—with an annual production capacity of approximately 23 million tonnes.
Spain's scrap steel recovery volume in the first quarter stood at 2.25 million tonnes, a year-on-year decline of 13%. Scrap accounted for 87% of total production for the quarter, marking the highest share on record for a first quarter. HDT450F+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , However, the total volume of scrap fell by 18% year-on-year to 800,000 metric tonnes in March, reversing the positive trend observed since April 2024.
