At a conference with analysts Gustavov, Gerdau Group, General Director of Gerdau, said that the initial BRL investment plan is 6.0 billion dollars. USA ($ 1.12 billion), scheduled for 2026. The plant in Texas, adding that import taxes for steel products imposed by the United States are modifying the steel market in the region, paving the way to expand local operations by Gerdau.
Extra mentioned the weak market prospects for Brazil, because of the unfair competition of subsidized steel, imported from China, adding that the general import of steel in Brazili was a capacity.
in Brazil Gerdau will focus on expanding the production of iron ore, currently limited by its own consumption, currently considering the expansion of the Miguel Berier mine in Minas Gerai, in the hope of reaching an additional 2.0 million tons per year. Factory, in the state of San Paulo.
$ = BRL 5.37 (October 01)
