09
May
14:42
Gerdau maintains positive outlook for Brazilian market
Gerdau expects actual steel demand in Brazil to recover 4% y-o-y this year, supported mainly by activity in the construction sector.
The company’s ceo Gustavo Werneck confirmed the outlook during last week’s Q1 results presentation, Kallanish notes.
The performance of the company’s Brazilian market during Q1 this year reflected a moment of transition, but confirmed the positive trend of the sector.
“Excluding the effects of replacement a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous