09
May
12:19
Gerdau's Q1 production rises, sales and profit slip
Brazilian steelmaker Gerdau’s first-quarter crude steel production rose versus Q4 2023 and was higher year-on-year, Kallanish notes. Steel shipments displayed the same trend.
“The first quarter still reflects steel oversupply in the global market, resulting in a challenging international price environment,“ Gerdau says. “Higher imports continue to harm Brazil’s steel sector despite the recently announced mixed system with import …
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Anonymous
Very good overview of the weekly steel market.
Anonymous