Press Release 26-Nov-10

On Saturday 20th November, the long products factory, Roldan, SA, located in Ponferrada (León), suffered a fire at its hot rolling facilities. The fire was controlled the same day at noon, without causing any personal misfortune fortunately.

The damages affect only to the wiring of the hot rolling. It is being done an evaluation of the damages.

The existence of other plants of the Group to which it can be transfer part of the long products production will reduce the impact on the production and sales. The Group is already working on the reassignation of tasks, although it is not rule out that some orders may be punctual delayed.

Roldán, SA represents 5.6% of total Group sales in the year 2009, reaching a hot rolling production of 78,567 metric tons.