01
Aug
11:29
Higher imports hamper Gerdau's Q2 results
Brazilian steelmaker Gerdau’s second-quarter crude steel production dropped versus Q1. Output was also weaker year-on-year, Kallanish notes.
“The steel industry continues to face oversupply in the global market, as well as pressuring international prices, while global economic growth remains stable,” Gerdau comments. “In Brazil, the high volume of imported products continues to affect the domestic market given that the quota system im…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous