Gerdau slates $50M to lift SBQ output
May 07, 2012 | 04:03 PM
| Michael Cowden
Tags
Gerdau,
Andre Johannpeter,
SBQ,
new capacity,
new caster,
St. Paul,
Minn.,
North America
USW
TORONTO — Gerdau SA on Monday confirmed plans to invest $50 million to replace the continuous caster at its mill in St. Paul, Minn.
The Porto Alegre, Brazil-based steelmaker said the money would boost special bar quality (SBQ) capacity to 550,000 tons per year, up 100,000 tons from current capacity levels.....
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