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BUSINESS

What’s being done to save Spain’s struggling news kiosks?

Spain’s street 'quioscos' have been the place where locals go to get their daily news fix for decades, but recently they've been struggling to survive.

newsstand
News kiosks in Spain are struggling to survive. Photo: CLAUDIO CRUZ / AFP

In the last decade, more than 6,000 kiosks have been forced to close throughout Spain, according to the latest Report on the Periodical Publications Industry by the University of Santiago de Compostela and the University of Coruña.

“We are surviving thanks to the products which are not newspapers, press and magazines. It is down to everything else we sell bags, backpacks and even technology products, that we have managed to survive so far. A decade ago the press was 95 percent of what we sold, now it is 50 percent ”,Teresa Araujo, president of the Madrid Press Sellers Association (AVPPM) told El Independiente.

With a drop in sales of more than 45 percent, kiosks have been forced to reinvent themselves, meaning that printed press now comes below other items in terms of sales. Kiosks are now allowed to sell food and drink, a measure which has been introduced to alleviate the drop in sales.

READ ALSO: How rural Spain is rebelling against rampant bank closures

The pandemic and the home confinement period was the last straw for many of these news kiosks, who even though were able to stay open during that time, were not able to survive without their regular customers and those who stopped by on their way to work.

“It has affected us a lot, a lot of colleagues have closed their businesses and those of us who continue, survive as best we can with losses that amounted to 70-80 percent,explained Araujo.  

READ ALSO: Why foreigners are buying more property than ever in ’empty Spain’

The association has already warned the president of Madrid, Isabel Díaz Ayuso, that since the pandemic, older people, the majority who buy written press, have reduced their outings and contact with other people.

Today it is estimated that on average a newsstand sells only 15 to 20 copies of a newspaper or magazine, a major difference from a decade ago.

What’s being done to save them?

Home delivery

With the arrival of Covid-19 and without people able to buy press in person, the kiosks saw home delivery as a way to remedy part of the losses. Newsstands say that thanks to this action a large number of establishments have survived, but that it is still insufficient.

New products 

For more than a decade, newsstands in the capital, Madrid have demanded that governments allow them to increase the variety of products with little success, until recently.  

“The new ordinance was what we had been asking for for years,” says Araujo.

These measures now allow the sale of tickets for cultural activities and shows, transport tickets and memory cards, as well as batteries and telephone cards. 

Reinvention

Many more kiosks have been looking for ways to diversify their offerings. In Barcelona, one kiosk has reinvented itself as the hip place to grab a coffee on the go.

News & Coffee near the citys Arc de Triomf now sells specialty coffees and a range of independent art, literary and photography magazines, as well as the standard newspapers, and has already made quite a name for itself since it opened in 2019.

Other Barcelona news kiosks have begun to sell items of seasonal clothing, such as dresses in summer and scarves and gloves in winter.

Reduction of fees

In Madrid, the City Council has been reducing fees for newsstands to help them survive, which include discounted rates on the occupation of public roads and the possibility of acquiring a grant of 25 percent of the IBI (impuesto sobre bienes inmuebles), yearly property tax bill.

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ENVIRONMENT

Sweden’s SSAB to build €4.5bn green steel plant in Luleå 

The Swedish steel giant SSAB has announced plans to build a new steel plant in Luleå for 52 billion kronor (€4.5 billion), with the new plant expected to produce 2.5 million tons of steel a year from 2028.

Sweden's SSAB to build €4.5bn green steel plant in Luleå 

“The transformation of Luleå is a major step on our journey to fossil-free steel production,” the company’s chief executive, Martin Lindqvist, said in a press release. “We will remove seven percent of Sweden’s carbon dioxide emissions, strengthen our competitiveness and secure jobs with the most cost-effective and sustainable sheet metal production in Europe.”

The new mini-mill, which is expected to start production at the end of 2028 and to hit full capacity in 2029, will include two electric arc furnaces, advanced secondary metallurgy, a direct strip rolling mill to produce SSABs specialty products, and a cold rolling complex to develop premium products for the transport industry.

It will be fed partly from hydrogen reduced iron ore produced at the HYBRIT joint venture in Gälliväre and partly with scrap steel. The company hopes to receive its environemntal permits by the end of 2024.

READ ALSO: 

The announcement comes just one week after SSAB revealed that it was seeking $500m in funding from the US government to develop a second HYBRIT manufacturing facility, using green hydrogen instead of fossil fuels to produce direct reduced iron and steel.

The company said it also hoped to expand capacity at SSAB’s steel mill in Montpelier, Iowa. 

The two new investment announcements strengthen the company’s claim to be the global pioneer in fossil-free steel.

It produced the world’s first sponge iron made with hydrogen instead of coke at its Hybrit pilot plant in Luleå in 2021. Gälliväre was chosen that same year as the site for the world’s first industrial scale plant using the technology. 

In 2023, SSAB announced it would transform its steel mill in Oxelösund to fossil-free production.

The company’s Raahe mill in Finland, which currently has new most advanced equipment, will be the last of the company’s big plants to shift away from blast furnaces. 

The steel industry currently produces 7 percent of the world’s carbon dioxide emissions, and shifting to hydrogen reduced steel and closing blast furnaces will reduce Sweden’s carbon emissions by 10 per cent and Finland’s by 7 per cent.

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