Gerdau mulling 70m tpy port in Brazil in iron ore expansion plan

May 03, 2012 | 12:05 PM |

Brazil-based Gerdau has been studying the feasibility of building a seaport terminal in Rio de Janeiro state which could have capacity to export as much as 70 million tpy of iron ore and unload 10 million tpy of coal. Studies for the port have been included in the steelmaker’s plan for the monetisation of future excess output....

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