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High electricity prices force major steelmaker in Spain to suspend production for 20 days

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A leading Spanish steelmaker has slashed production at one of its factories due to the big hike in electricity prices.

They say that power costs have risen by 400% in a year, which it described as ‘exorbitant’.

Sidenor has now cut back ‘special steel’ manufacture at its Bilbao base for at least 20 days until December 31.

The overall effect will be to reduce production by 30% for the rest of 2021.

The Basque Country-based firm brands itself as a ‘European leader’ for making special steel long products.

In a statement, Sidenor said: “This is a first step to try to limit the tremendous impact that the exorbitant and uncontrolled electricity costs are creating.”

The company says it has yet to make a decision over its 1,500-strong Bilbao workforce but warned that ‘other measures’ might be necessary if price trends continue.

Sidenor added that it has plans to reduce steel production at its other plants in Cantabria and Catalunya.

READ MORE:- SPAIN MOVES TO CAP SOARING DOMESTIC ELECTRICITY BILLS

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Man arrested after firing shots at windows at university campus in northern Spain

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PANIC spread at a university campus in Spain’s Basque Country on Wednesday afternoon after a man fired shots at the window of a building full of students.

Authorities evacuated students from the Faculty of Sciences and Technology at Leioa campus of the Basque Country University (UPV) amid fears of a mass shooting.

Students took cover underneath desks in the building until police arrived.

However, they soon detained a 21-year-old man carrying a shotgun who had fired at least three shots at windows.

? El @Gob_eus desea lanzar un mensaje de tranquilidad a las personas afectadas y familiares ante el desalojo del campus de la EHU-UPV en #Leioa por la presencia de una persona armada con una escopeta.

? El presunto autor ya ha sido detenido sin constatar personas heridas. pic.twitter.com/UB29eAwnpb

— Ertzaintza (@ertzaintzaEJGV) October 13, 2021

Local media reported that he was not a student at the university and that he had said “he wasn’t there to hurt anyone”.

“The campus was evacuated at 6:50 pm and the person detained, but there was no personal damage,” said a spokesperson for Ertzaintza, the regional police force in the Basque Country.

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Breaking: Gunman fires shots in Spanish University Campus

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Breaking: Gunman fires shots in Spanish University Campus

A Gunman has reportedly been firing shots in a Basque Country University Campus.

A gunman has been arrested by police after firing several shots at a Basque Country University in the municipality of Leioa, Bizkaia.

Upon receiving the alert from security services on site at the University, the *Ertzaintza quickly dispatched patrols to the area. Access to the campus was closed and all buses that were on route to the area were redirected to nearby stops.

When police arrived they soon located and detained the armed individual who, according to reports, had fired shots at the Faculty of Sciences and Technology building at around 19:00 pm this evening. According to witnesses, the gunman had also fired rounds at the bus that connects the local area with Bilbao. There have been no injuries, confirmed the Ertzaintza.

The Basque police, not wishing to take any risks and not knowing if there was more than one gunman, dispatched several patrol units and a helicopter to the area- an ambulance with paramedics was also on standby. In a message posted on Twitter, the Ertzaintza has sent a message of calm to the affected people and their families. By 8:00 pm police announced that the situation was under control.


An investigation has been launched into the incident and the suspect is currently being interviewed.

*The Ertzaintza, is the autonomous police force for the Basque Country, largely replacing the Spanish Policía Nacional and Guardia Civil. An Ertzaintza member is called an Ertzaina.


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