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09 Nov
19:18

Gerdau anticipates strong North American market in 2024

Brazilian steel producer Gerdau is optimistic about the future market environment for its North American operations, despite a decrease in the segment's third-quarter sales and selling prices year-on-year, Kallanish learns from the company's earnings report. Specifically, Gerdau cites the Inflation Reduction Act's infrastructure spending, as well as a trend of production being re-shored domestically, as indicators of sustained demand for steel in the U…
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