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4 results for “gerdau brazil steel”

Gerdau Chairman Warns Crippling Imports Push Brazil Steel Capacity to Unsustainable Lows
Politics• Sep 29

Gerdau Chairman Warns Crippling Imports Push Brazil Steel Capacity to Unsustainable Lows

Brazil’s largest steelmaker, Gerdau, said the domestic industry is operating at 60-65% capacity due to subsidized Chinese imports, risking long-term investment.

Gerdau Unveils R$7.5 Billion Brazil Transformation Plan to Cut Import Reliance and Boost Domestic Steel
PROMarkets• Aug 12

Gerdau Unveils R$7.5 Billion Brazil Transformation Plan to Cut Import Reliance and Boost Domestic Steel

Brazilian steel giant Gerdau announces a R$7.5 billion domestic investment to modernize operations and create a new mining platform.

Brazil’s Steel Giant Gerdau Pivots to Data Centers, Renewables to Rebalance Local Business
Markets• Aug 12

Brazil’s Steel Giant Gerdau Pivots to Data Centers, Renewables to Rebalance Local Business

Gerdau is undertaking a decade-long strategy to reposition its Brazil operations in high-growth infrastructure, offsetting the challenge of cheap steel imports.

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil
PROMarkets• Aug 12

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil

Gerdau will unveil a decade-long plan in October to transform its Brazilian unit, which currently contributes only 20% of its core profit.