03
Aug
14:00
Gerdau foresees strong consumption after positive second-quarter results
Brazilian steelmaker Gerdau’s second-quarter crude steel production rose slightly over the previous trimester. Output was also stable year-on-year, Kallanish notes. Steel shipments grew, following a recovery in key consumer sectors.
“Our first-half results confirm the resilience of the markets in the Americas, supported by solid demand from the construction and industrial sectors,” Gerdau comments. “Despite external factors bringing un…
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Anonymous
Very good overview of the weekly steel market.
Anonymous