IDEAS home Printed from
   My bibliography  Save this article

¿Proyecto faraónico o chivo expiatorio? La IV Planta Siderúrgica Integral de Sagunto (1966-1977)


  • Pablo Díaz Morlán

    () (Universidad de Alicante)

  • Antonio Escudero Gutiérrez

    () (Universidad de Alicante)

  • Miguel Ángel Sáez García

    () (Universidad de Alicante)


The aim of this article is to analyse the reasons for the creation of the Fourth Integrated Steel Plant in Sagunto. Using primary sources, we demonstrate that it was a rational decision that imitated the experience of other developed countries. This decision was based on a market study that failed in its steel consumption forecast. But such error was not due to the imperial dreams of Franco’s regime, but to the unforeseeable character of the 1970’s economic crisis and its effects on the steel industry. KEY Classification-JEL: L61, N64

Suggested Citation

  • Pablo Díaz Morlán & Antonio Escudero Gutiérrez & Miguel Ángel Sáez García, 2008. "¿Proyecto faraónico o chivo expiatorio? La IV Planta Siderúrgica Integral de Sagunto (1966-1977)," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 4(02), pages 137-164.
  • Handle: RePEc:ahe:invest:v:04:y:2008:i:02:p:137-164

    Download full text from publisher

    File URL:
    Download Restriction: Online material can be downloaded freely, but a moving wall of three issues apply. The last three issues are only available for registered members of the Asociacion Espa–ola de Historia Economica.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item


    Fourth Integrated Steel Plant; Spain; Sagunto; Crisis; Steel Demand;

    JEL classification:

    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ahe:invest:v:04:y:2008:i:02:p:137-164. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (José Antonio Miranda). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.