May 16, 2021

The steel bosses consider that the electrical system "drowns" the Spanish industry

The steel bosses consider that the electrical system "drowns" the Spanish industry



In an act of celebration of the 50th anniversary of the association, which included the participation of the Minister of Industry, Trade and Tourism, Reyes Maroto, and the new president of the CEOE, Antonio Garamendi, the president of Unesid asked to be given the opportunity to demonstrate "the high degree of efficiency and excellence" achieved by the sector despite the obstacles that the price of electricity implies.

He was also in favor of maintaining the competitiveness of the industry in Spain but not "at the expense of wages", since neither the companies nor the workers "deserve it", so he again emphasized the other factor that determines the costs: the price of energy, whether electricity or gas.

"Companies deserve reasonable regulatory stability that allows them to address global competition without an extra rucksack of regulation, sometimes inefficient and almost always excessively changing," he said.

For this reason, Velázquez considered it "indispensable" to conclude the pact for the industry in which so much work has been done and "how close it has been to achieve it". "Only then can Spain reindustrialize and reach 20% of GDP of industrial origin," he said.

The steel industry produces more than 14.5 million tons of steel and recycles more than 10 million tons of scrap per year, establishing itself as a "leading recycling industry and one of the key axes in the circular economy" by recycling "more than the sum of the rest of the industrial sectors ".

In this sense, steel is recycled indefinitely without losing qualities, since it is a real permanent material. The sector recycles all available steel, reuses practically 100% of the water it consumes and optimizes the management of waste and byproducts, Velázquez explained.

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