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23 Aug
12:36

Brazil`s steel exports could boost capacity utilisation: Gerdau

The slow recovery of the Brazilian economy leads to the conclusion that an increase in steel exports is the only way in the short term to grow capacity utilisation, says Gerdau ceo Gustavo Werneck. The executive was one of speakers during the Brazilian Steel Conference held in Sao Paulo this week, monitored by Kallanish. "We made and investments of $1.5 billion in two lines at our Ouro Branco mill, expecting the steel consumption to…
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