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Gerdau: A Risky Investment in the Current Steel Market
2015-05-01 03:50:58| Steel - Topix.net
Gerdau has faced major challenges across the globe with overcapacity of approximately 690 million tonnes of steel and a dampening steel demand in the key markets such as Brazil and other major countries in Latin America. For Brazil, poor economic growth was witnessed in 2014, which has severely affected the key markets of the auto sector, manufacturing and civil construction.
Tags: current
market
investment
steel
Category:Materials