24
Oct
19:30
Gerdau invests $40.4m to upgrade bar facility
Gerdau Special Steel North America is upgrading its Monroe, Michigan, SBQ line to the tune of $40.4 million, learns Kallanish. The company procured a new bundler table, bundler area, and a third saw.
The project has two phases. During the first, in 2023, the new bundler table and area will be installed. The second phase is the installation of the new saw and will be completed in 2024.
“This investment will balance Monroe’s melting and rolling ca…
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