Grupo Gerdau buying Colombian mill stakes
Dec 28, 2004 | 09:06 AM
| Diana Kinch
Brazil's Grupo Gerdau SA, Porto Allegre, is acquiring stakes in two Colombian mini-mills--Grupo Siderúrgico Diaco SA and Siderúrgica del Pacifico SA (Sidelpa)--in a bid to further boost its presence in South America.The two companies, which already have ownership links, produce a combined 460,000 tonnes of crude steel and 605,000 tonnes of rolled products annually generating gross sales of $180 million, representing an estimated 45 percent of Colombia's steel market.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.