Sidenor
| Company type | Private company |
|---|---|
| Industry | Steel and iron |
| Founded | 1990 |
| Headquarters | Basauri |
Sidenor is a Spanish steel company founded in 1990 through the merger of Forjas y Aceros de Reinosa. Headquartered in Basauri, it operates in throughout Spain, as well as metal recycling facilities in Azuqueca de Henares and Sagunto. Sidenor is a major European company in steel products.[1][2]
History
In 1990, Forjas y Aceros de Reinosa merged with the Acenor Group (formed in 1988 from Aceros de Llodio, Pedro Orbegozo, Forjas Alavesas, and Aceros Echevarría), creating Sidenor, jointly owned by the National Institute of Industry and the Official Credit Institute.[3] In 2019, Sidenor announced that it had reached an agreement to sell 75% of the Reinosa plant to the multinational group NFL, although it would remain as a temporary partner for six years.[4][5]
References
- ^ Vadillo, Javier (29 January 2020). "Sidenor insiste en la fusión con Tubacex, Tubos Reunidos y Olarra". Cinco Días (in Spanish). Bilbao. Retrieved 12 March 2026.
- ^ Larrakoetxea, C. (16 November 2005). "La brasileña Gerdau compra Sidenor". Cinco Días (in Spanish). Retrieved 12 March 2026.
- ^ "Sidenor Forgings and Castings Catalogue" (PDF). Sidenor. 2016. Retrieved 13 March 2026.
- ^ "Gerdau vende Sidenor a su equipo directivo encabezado por José Antonio Jainaga por 155 millones". El Mundo (in Spanish). 20 May 2016. Retrieved 12 March 2026.
- ^ "Sidenor vende el 75% de la planta de Reinosa a NFL pero se mantendrá seis años como socio temporal" (in Spanish). Europa Press. 11 November 2019. Retrieved 12 March 2026.