Spanish flat, long steel output down 13% in November, Unesid says

Spanish flat steel production in November 2012 fell by 12.9% year-on-year, according to data released this week by the Spanish steel association, Unesid.

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In November 2012, Spain produced a total of 286,000 tonnes of flat steel products, down from 329,000 tonnes in the corresponding month in 2011.

Similarly, output of long products fell by 9.3% in November to 798,000 tonnes, down from 880,000 tonnes a year earlier.

Total crude steel production in November 2012 was down by 14% year-on-year, the association said earlier this month.

Unesid said in today’s report that it expects to report a fall of about 2% in December’s production, year-on-year.

“It’s difficult to find good news that has come out of the last month of 2012,” the association explained.

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