03
May
14:59
Gerdau first-quarter results rise sequentially, outlook challenging
Brazilian steelmaker Gerdau’s first-quarter crude steel production rose versus Q4 2022 but was weaker on-year, Kallanish notes.
Steel shipments displayed the same trend, reflecting no growth in apparent steel consumption in Brazil at the beginning of 2023.
“The challenging global economic scenario with high interest rates and a more contractionary monetary policy may affect some business lines,” Gerdau says. External issues, such as a poss…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous