05
May
14:24
Gerdau profit grows despite lower first-quarter production
Brazilian steelmaker Gerdau saw first-quarter crude steel production fall, Kallanish notes from the steelmaker's latest operating statement.
Output fell versus Q4 due to the postponement of planned maintenance stoppages at the Brazilian unit, Gerdau says. Steel shipments grew on-year, following the recovery in key consumer sectors in the countries where Gerdau operates. They however remained slightly weak quarter-on-quarter due to lower exports …
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Anonymous
Very good overview of the weekly steel market.
Anonymous