18
Jul
08:59
Bank foresees Gerdau second-quarter performance deterioration
Brazilian steelmaker Gerdau is set to report decreased operating indicators and steel shipments in the second quarter of 2019. This is according to a short-term outlook published by Banco do Brasil (BB) and monitored by Kallanish.
“Gerdau’s Q2 results are expected to be almost flat compared to the previous quarter, given the slower recovery in the long steel segment,” BB says. “The Brazilian unit should see its sh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous