Iberdrola asks Sidenor to lower the price of steel due to its inexplicable rise

Iberdrola has asked Sidenor to lower steel prices given the “disproportionately inexplicable” rise that “does not correspond” to the increase in energy costs. In addition, he has assured that the electricity companies, “among which Iberdrola is found”, are offering to “the company chaired by Jainaga” “Fixed competitive” prices for a long time. In this way, Iberdrola has responded to the statement made public by the electrowinning industry association (AEGE), chaired by the president of Sidenor, José Antonio Jainaga, in which they have denounced that “there are still no competitive offers from electricity companies” and They have asked the Government for measures short term “to avoid suffocation.”

These opinions are in addition to those made by Jainaga recently in the framework of a round table with the CEO of Iberdrola Ángeles Santamaría, in which he warned that with the cost of electricity that companies are bearing, some will not last “even six months” and stated that “The companies of this country are going to the hole” if the problem is not solved.

Iberdrola sources have confirmed this Tuesday that the electricity companies are demanding that Sidenor lower steel prices “for Spain to continue competing worldwide in wind energy” and they have demanded “to lower steel prices in order to continue competing in the development of global wind energy and specifically in the installation of offshore wind farms “.

The same sources have assured that “numerous clients of the Basque steel company” have considered that “it should lower prices” since they are observing a rise that they consider “disproportionately inexplicable that does not correspond with the increase in energy prices “. For Iberdrola, Sidenor “is selling its products with competitive energy supply prices that have been closed for a long time.” “There are no objective reasons to collect steel prices as it is charging them “, they have assured.

“Competitive prices”

According to the aforementioned media, the electricity companies, “including Iberdrola, of which Sidenor is not a customer,” have been offering “the company chaired by Jainaga” fixed “competitive” prices for some time. In addition, they have added that the Basque energy company “has reached agreements with other steel companies in the Basque Country to set prices until 2023 “. He also pointed out that Iberdrola “at the time offered a price of 40 euros / MWh for ten years to Sidenor and it declined to accept the proposal. “

In his opinion, “fixed prices are possible if there are no drawdowns or auctions in the market that imply a higher risk in business costs, something that each company decides freely. “

Source: LA INFORMACIÓN – Lo último by www.lainformacion.com.

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