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12 May
01:00

"Surprise" 10% rise in Spain's Q1 crude production

Spanish crude steel production grew 10% year-on-year in the first quarter 2014 to 3.6 million/tonnes, says Spain’s Unesid. However, the rate of growth should soften during the current quarter, adds the association of steel producers. This surprise surge follows the country’s extremely low production levels of the same period in 2013, when Spain experienced extraordinary market weakness, Unesid explains. The positive Q1 figure still remains 4% lower…
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