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21 Oct
17:05

Gerdau evaluates the sale of Spanish assets

Brazilian long steelmaker Gerdau is reportedly evaluating the possibility of selling part of its assets in Spain, and its shares in the Spanish specialty steel producer Sidenor, local trade union sources reveal. The company declined to comment on the matter when approached by Kallanish. The news follows concerns raised in Spain after French newspaper, Le Républicain Lorrain, announced that the firm was looking at hiring Spanish bank Santander to…
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