27
Oct
13:23
Gerdau production, sales stable in third quarter
Brazilian steelmaker Gerdau saw third-quarter crude steel production slightly fall over Q2. Output, however, remains high on-year, Kallanish notes from the steelmaker's latest operating statement.
Crude steel and sales in Q3 were stable, maintaining the positive trend of the prior quarter, Gerdau says. The company maintained its production capacity utilisation rate at around 80%, the highest level since 2018, and indicates healthy demand in its …
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Anonymous
Very good overview of the weekly steel market.
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