According to the statement, made by the General Director of Gerdau SA during the telephone conference on the discussion of the company's results in the third quarter of this year, the demand for steel in Brazil will grow in 2014 thanks to a number of infrastructure projects.
Mr. Andre Zherdau-Johang guns said that the construction of airports, road highways and railways gives optimism to his company. Next year, the Steel Industry of North America will confidently increase production volumes, he emphasized.
Gerdau received negative results in the third quarter in North America, Europe and India, which were partially compensated by the growth of sales in Brazil.
The growth of state investment in the Brazilian infrastructure will give an impetus to the demand for steel
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