"Spain Metals Report Q4 2013" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Nov 06 2013


The outlook for Spain's metals sector is bleak, with few opportunities for growth in either production or consumption until beyond 2017. The effects of the eurozone crisis and domestic recession on the steel industry means the sector will mean a protracted downturn that could permanently affect its structure. Recovery in the Spanish steel industry will largely depend on growth in exports of manufactured goods. Germany has been the chief target for Spanish steel exports, but the decline in the performance of the German manufacturing sector from mid-2011 is having a deleterious effect on export performance.

In early August 2013 ArcelorMittal announced its intension to restart coke oven batteries 7 and 8 in Aviles, northern Spain by mid-November, following their hot shutdown in December 2011, due to the fall in steel demand in Spain and Europe. This will help provide steel to the local automotive industry. This indicated growing optimism that the export-oriented Spanish automotive industry was set for growth in 2013. Acerinox is also predicting a recovery in the global stainless steel market in 2013, bolstered by the automotive industry. However, the Spanish flat steel market is unlikely to recover its full momentum over the medium-term with packaging and consumer durables hit by high unemployment. At the same time, the long steel market has been hit by the collapse in residential construction.

Full Report Details at
- http://www.fastmr.com/prod/689016_spain_metals_report_q4_2013.aspx?afid=301

ArcelorMittal Flat Carbon Europe is to invest EUR17.2mn in several improvement projects at the Aviles site. The main improvements resulting from these investments are related to product quality, internal logistics and customer service. The investments include a new tinplate inspection line, an upgrade of the roll shop, the revamping of hot-rolled coil yard #15, the revamping of the electrical system of galvanising line #2 and several mechanical improvements in the pickling line.

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Sweden Metals Report Q4 2013
- United States Metals Report Q4 2013
- China Metals Report Q4 2013
- Belgium Metals Report Q4 2013
- South Korea Metals Report Q4 2013

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »