01
Mar
15:56
Brazil elections, World Cup hamper Gerdau fourth-quarter results
Brazilian steelmaker Gerdau’s fourth-quarter crude steel production dropped versus Q3. Full-year output was also weaker on-year, Kallanish notes.
Steel shipments remained weak, following a reduction in exports and lower domestic market demand during the period of elections in Brazil and the World Cup.
"We overcame many challenges in 2022 amid a global scenario marked by rising inflation, increased recession risk, concerns over the economy and chal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous