The president, Rafael Villaseca, and the CEO of the Catalan steel group Celsa, Jordi Cazorla, have delivered the headline they had been pursuing since creditors took control of the company in September 2023. Celsa has become profitable this first quarter, reporting a net result of 18 million euros. The group is leaving behind its red numbers after the debt refinancing at the end of last year, thus completing the transformation process that allowed the company to close the 2025 fiscal year with 70% less debt —1.145 million— than before the 2023 restructuring, when it passed from the Rubiralta family to the creditors by judicial decision. "We have achieved it," Villaseca emphasized at a press conference. He argued that the company "is functioning normally, it has its ups and downs, but it fulfills its social and economic function." The 13 million in losses from the first quarter of 2025 and the 52 million in the red from the same period two years ago are now behind them.