A.G. Siderúrgica Balboa, S.A.- Balboa 2
A.G. Siderúrgica Balboa, S.A.- Balboa 2 is a production of pig iron or steel installation in Spain. In 2025 it reported 129,828 tonnes of verified emissions against 86,080 free allowances.
Key figures
Country
Activity
Installation ID
ES 90073
Verified emissions, 2025
129,828 tCO₂e
Free allocation, 2025
86,080 allowances
Allowance position, 2025
43,748 short
Compliance, 2024
A
Permit
ES110601001363
Data as of
1 April 2026
Emissions and free allocation by year
| Year | Verified emissions (t) | Free allocation | Position |
|---|---|---|---|
| 2025 | 129,828 | 86,080 | 43,748 short |
| 2024 | 123,237 | 79,651 | 43,586 short |
| 2023 | 121,581 | 78,739 | 42,842 short |
| 2022 | 96,199 | 87,318 | 8,881 short |
| 2021 | 118,088 | 79,651 | 38,437 short |
| 2020 | 110,842 | 102,718 | 8,124 short |
| 2019 | 105,293 | 104,882 | 411 short |
| 2018 | 121,425 | 107,037 | 14,388 short |
| 2017 | 131,425 | 109,166 | 22,259 short |
| 2016 | 120,866 | 111,273 | 9,593 short |
| 2015 | 97,372 | 83,612 | 13,760 short |
| 2014 | 77,061 | 115,423 | 38,362 surplus |
| 2013 | 102,223 | 117,464 | 15,241 surplus |
Verified emissions changed by +27% from 2013 to 2025.
Source: European Commission, Union Registry · Data as of 1 April 2026
Allowance position
In 2025, verified emissions exceeded free allocation by 43,748 allowances, which the operator had to obtain.
Illustrative value at the latest reference price of €85.90 (28 September 2026): €3,757,953. Not the installation's actual cost, which depends on when and how it acquired allowances.
Price source: EU ETS primary auctions · latest price
Compliance status for 2024: A. The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.
CBAM context
This activity falls in the iron and steel sector of the Carbon Border Adjustment Mechanism. Free allocation for products covered by the Carbon Border Adjustment Mechanism is being reduced each year under current EU law.
| 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| 97.5% | 95% | 90% | 77.5% | 51.5% | 39% | 26.5% | 14% | 0% |
Share of free allocation remaining for CBAM-covered products, under Directive (EU) 2023/959, Article 10a. It applies to the benchmarks for those products, not necessarily to an installation's whole allocation, so it is not applied to the figures on this page.
Proposed change
A European Commission proposal of 17 July 2026 would restore 15% of the phased-out free allocation for CBAM sectors from 2028 and extend the end of the phase-out from 2034 to 2038. This is a proposal and not yet law.
More on CBAM: the India CBAM Center and what CBAM is and how it works.
Nearby installations
Production of pig iron or steel installations in Spain, largest first.
- ARCELORMITTAL ESPAÑA, S.A. 4,673,784 t in 2025
- Acerinox Europa, S.A.U. 168,370 t in 2025
- Cía. Española de Laminación, S.L. 154,491 t in 2025
- Fábrica de Olaberria 103,105 t in 2025
- Sidenor Basauri 100,273 t in 2025
Questions about A.G. Siderúrgica Balboa, S.A.- Balboa 2
How much did A.G. Siderúrgica Balboa, S.A.- Balboa 2 emit in 2025?
129,828 tonnes of verified emissions, per EU Union Registry compliance data.
How many free allowances did A.G. Siderúrgica Balboa, S.A.- Balboa 2 receive?
86,080 in 2025.
Did A.G. Siderúrgica Balboa, S.A.- Balboa 2 surrender enough allowances?
Its compliance status for 2024 is recorded as "A": The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.