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03 May
20:59

Gerdau considers building new SBQ mill in Mexico

Gerdau is studying the idea of developing a new special bar quality (SBQ) mill in Mexico to serve the automotive industry, Kallanish learns from a company notice to shareholders on Friday. The greenfield project would result in an annual production capacity of 600,000 tonnes/year, the Brazilian longs producer specifies. The expansion in Mexico “reflects the positive perspectives for the local automotive industry and the nearshoring movement in the United …
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