Gerdau turns attention to N. America SBQ mart

Dec 16, 2011 | 04:48 PM | Frank Haflich

Tags  Gerdau, SBQ, Monroe, Andre Gerdau B. Johannpeter, frank haflich

LOS ANGELES — Gerdau Special Steel North America has launched a second expansion and modernization for special bar quality (SBQ) products at its Monroe, Mich., mill while it ponders building a new SBQ plant in North America.

The subsidiary of Brazil’s Gerdau SA will spend $67 million to install a new walking beam reheat furnace and four additional rolling mill stands, in addition to implementing improvements to Monroe’s bar-cooling beds, thermal mechanical cooling systems, control systems, and bundling and packaging systems.....





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


Quote

This whole thing is becoming a game of smoke.

Midwest service center