Gerdau to decide on iron mining plans in '05

Dec 15, 2004 | 08:13 AM | Diana Kinch

Brazilian steelmaker Gerdau SA will decide in 2005 whether to move into commercial iron ore mining following studies of deposits it acquired a year ago, according to Jorge Gerdau Johannpeter, group president.

He declined to disclose whether Gerdau would sell a portion of the output to the export market in addition to feeding its own Brazilian steelmaking operations.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events