Employee registration application Intranet access Webmail Access Language Sidenor is compelled to stop its activity due to exorbitant electricity prices Sidenor is compelled to stop its activity due to exorbitant electricity prices. In October, Sidenor is paying 227 euros per MWh, and this amount should reach 284 euros per MWh in November and December, while the company would pay little more than 60 euros per MWh last year. In this context of an exorbitant increase in electricity prices, whose impact on its production costs represents over 200 euros per tonne, it is impossible for Sidenor to maintain its current production rate. As a result, the works council and the entire staff have been informed today of the fact that the activity will stop during 20 days, which represents 30% of the scheduled productive days, from now until December 31st of this year. Through this decision, Sidenor is trying to limit the tremendous impact these high electricity costs have on its activity. However, this interruption does not entirely solve the problem and, should the current situation of uncontrolled electricity prices continue, further measures will be necessary. This shutdown directly and immediately affects the main plant of Basauri, but will also indirectly and progressively impact the remaining plants. Array PREVIOUS POST The ESSA (European Steel Skills Agenda) project is presented at the innovation “workshops” of STEEL TECH Latest News Sidenor is compelled to stop its activity due to exorbitant electricity prices 12 October 2021 The ESSA (European Steel Skills Agenda) project is presented at the innovation “workshops” of STEEL TECH 8 October 2021 The Vice-President of the Government, Teresa Ribera, visits Sidenor’s factory at Basauri 5 May 2021 Archive October 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 September 2020 June 2020 May 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 September 2016 Barrio Ugarte s/n – 48970 Basauri (Bizkaia) T.I.N.: B01292903 E-mail: sidenor-marketing@sidenor.com Tel: +34 94 487 1500 Fax: +34 94 487 1615 Legal Notice – Privacy Policy – Data Protection Sidenor uses cookies so as to personalize your experience, analyse the use of the website and offer a tailor-made service.I acceptCookies policy