07
Nov
08:05
Growing imports hamper Gerdau's third-quarter results
Brazilian steelmaker Gerdau’s third-quarter crude steel production dropped versus Q2. Output was also weaker year-on-year, Kallanish notes.
“The period was marked by many uncertainties in the Brazilian economy, such as the continuing debate on the tax reform and the beginning of a cycle of interest rate cuts,” the steelmaker says. In addition, uncertainty about the trajectory of interest rates in the US, geopolitical tension, and a global s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous