Gerdau resumes Mexican steel plant project
Aug 03, 2012 | 09:50 AM
| Juan Weik
Tags
Gerdau,
GerdauCorsa,
Aceros Corsa,
steel,
long products,
Mexico project,
Juan Weik
SÃO PAULO, Brazil — Gerdau SA has resumed a joint-venture project to build a greenfield steel plant in Mexico with a capacity to produce 1 million tonnes of crude steel and 700,000 tonnes of structural profiles per year, it said Thursday.
Expected to cost 1.1 billion reais ($536 million), Gerdau Corsa is scheduled to come online in the second half of 2014, the Brazilian steelmaker said.....
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