Gerdau to become iron ore seller with 80% lift in capacity

May 03, 2012 | 12:36 PM |

Gerdau is to increase its iron ore production capacity by nearly 80% over the next couple of years, in a move that will see it start selling the steelmaking raw material in the market. The steelmaker’s current installed capacity....





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