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.....

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