28
Jan
19:00
Gerdau joins wind power joint venture
Longs producer Gerdau has entered a joint venture with Sumitomo Corporation of the Americas and The Japan Steel Works (JSW) to manufacture forged wind-power components, Kallanish learns from a Sumitomo release.
The joint-venture, dubbed Gerdau Summit, will target its sales in Brazil and Latin America. Sumitomo says the Brazilian government is seeking to increase its wind power generation from 6% to 11% by 2024, and is providing incentives for domestic manufactur…
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Anonymous
Very good overview of the weekly steel market.
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