Ferroatlántica ceases its furnaces in Cantabria due to the high cost of energy

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The Ferroatlántica factory in Cantabria has stopped all its furnaces due to the high cost of energy and does not know when it will be able to resume its activity, sources from the works council have assured Efe.

“With these energy prices practically nothing can be done”, assured the president of the works council, Francisco González.

Last March, after the Russian invasion of Ukraine, the Cantabrian factory was already forced to stop all its furnaces for the same reason, as it expected the price of electricity to drop.

Five months later the situation repeats itself at Ferroatlántica, where they believe it will be a “black” autumn and winter.

Ferroatlántica is a factory that has been in Cantabria for 107 years and has 150 workers on its staff.

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