Brazilian steelmaker Gerdau will significantly reduce natural gas supply costs to its Ouro Branco mill, Kallanish learns from the company.
The steelmaker has signed a long-term transport agreement with local Nova Transportadora do Sudeste (NTS) effective 29 November. The terms of the deal were not disclosed.
According to the agreement, NTS will build a pipeline to secure natural gas supplies to the unit in Minas Gerais state in an open environment.
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