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Gerdau: Weighing The Pros Against The Cons
2015-05-30 09:40:46| Steel - Topix.net
A recession in Brazil will weaken steel demand by 7.8% this year due to lower consumer spending, along with manufacturing and housing weakness, making a comeback at Gerdau difficult. Gerdau might find some solace in the European and American markets where auto sales are increasing, but it will find it difficult to escape the economic slowdown in China.
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