BRIEF-Brazil steelmaker Gerdau sees chance to raise steel prices

miércoles 4 de mayo de 2016 10:57 GYT

May 4 (Reuters) -

* Brazilian steelmaker Gerdau SA said on a conference call to discuss first quarter results that it sees opportunities to raise steel prices in Brazil and other countries due to the rise in commodity prices

* The company said it expects investments in 2016 to reach 1.5 billion reais ($423 million)

($1 = 3.547 reais)

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