industry

alemania industria2

Factory orders in Germany see two consecutive increases: up 13.0% year-on-year in December against 10.6% previously

Bankinter | Factory orders in Germany surprise upwards for the second consecutive month in December: 13.0% year-on-year against an expected 1.2% and a previous 10.6% (revised from 10.5%). In month-on-month terms, 7.8% against a drop of 2.2% and 5.7% (revised from 5.6%). The improvement is again explained by growth in orders for metallurgical products (30.2% month-on-month against 25.3% previously) and capital goods (11.5%). Capital goods were up 10.5% against 7.9%….


Elena Guede

“European industry feels vulnerable because it cannot compete on a level playing field”

Elena Guede, board member at Tubacex and Celsa, explains in Consejeros magazine that: “At this moment, there are two distinct models. In Europe, we have a model that regulates everything related to climate ambition. It starts with greenhouse gas emission reduction targets, extends them throughout the value chain, sets objectives, defines highly rigorous and demanding reporting, and establishes border carbon footprint mechanisms, etc. This forces the European industrial environment to…


Spain economy linda

Spanish industry invoices 0.5% more in April

According to data from the National Statistics Institute (INE), turnover in the industrial sector grew by 0.5% in the month of April compared to March, in seasonally and calendar-adjusted figures. By economic destination of the goods, sales of Non-durable consumer goods rose by 3.3%, those of Capital goods by 2.2% and those of Durable consumer goods by 1.2%. On the other hand, Energy sales fell by 0.6% and Intermediate goods…


Arcelor Mittal

Spanish industry, the hardest hit in Europe

Spain’s industrial sector slowed in October as a result of a sharp rise in production costs and a slump in demand across the Old Continent, where figures “clearly indicate that the manufacturing economy is in recession”. Spain’s Purchasing Managers’ Index fell by 4.3 points to 44.7 in October, both the worst figure among the major European countries and the biggest decline of all. And the worst figure since the coronavirus…


machinery

Industrial Prices Soar 46.6% In March, Their Highest Rise In 46 Years, Due To Energy

Industrial prices rose by 6.6% last March compared to the previous month and soared 46.6% year-on-year, 5.5 points higher than in February and record growth in 46 years, as reported Monday by the National Statistics Institute (INE) and collected by Europa Press. With the year-on-year increase in March, the highest since the beginning of the series in January 1976, industrial prices chain 15 consecutive months of year-on-year increases and again…


Arcelor Mittal

Spanish Industry Starts Shutting Down Its Factories Over Energy Prices, Demanding Government Action Now

Business associations representing industry operating in Spain have joined forces for the first time to call on the government to intervene urgently to change the electricity market rules and end the sharp rise in prices due to the conflict in Ukraine. The associations are calling on the government to adopt an urgent decision in the Council of Ministers to reform the marginal electricity market for the duration of the conflict,…


manufactoring Spain

An Industry Law To Reindustrialize Spain

It would be important to undertake and construct a State pact for industry, from which a Law on Industry would emerge, as stated in the report on “Industry in Spain: Proposals for its Development,”  that was recently presented by the Spanish Economic and Social Council, a consultative body of the Government. From a conceptual point of view, the field of study of the report has been limited to the manufacturing industry. This represents most of the industrial activity in Spain, with four fifths of the output and 90 % of the employment in the National Accounts.