Gerdau sells first Brazil-made flat steel

Nov 01, 2013 | 09:00 AM | Ana Paula Camargo

Tags  Gerdau, flat steel, flat-rolled steel, hot strip mill, Andre Gerdau Johannpeter, André Dias Pires, iron ore, Ana Paula Camargo

SÃO PAULO — Gerdau SA has started selling steel goods produced at its 770,000-tonne-per-year hot strip mill in Brazil, marking its official entrance to the country’s flat steel market.

The first cargoes of hot-rolled coil were shipped in October, but "sales volumes will not be disclosed due to commercial issues," chief executive officer André Gerdau Johannpeter said during a call Oct. 31. ....

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