07
May
09:59
Gerdau’s first-quarter production, sales fall
Brazilian steelmaker Gerdau saw crude steel production, sales and net revenue decrease year-on-year in the first quarter, Kallanish notes from the steelmaker's latest operating statement.
The spread of Covid-19 began impacting Gerdau’s performance in the latter half of March. Crude steel production was, however, almost 8% up on Q4 2019.
"During the first quarter, crude steel production increased on-quarter due to the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous