28
May
10:39
Gerdau closes its Barão de Cocais plant
Gerdau halted production at its Barão de Cocais plant on 26 May. The measure follows the Brazilian company's plan to optimise its activities, Kallanish learns from the long’s steel supplier.
"The decision is the result of deep analysis of its operational efficiency, given the steel market conditions in Brazil," the company states. “Higher raw material costs and weaker production, combined with a lower level of technological updatin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous