4 de febrero de 2016 / 11:20 / en 2 años

Gerdau, JFE Steel sign accord for heavy slab deal in Brazil

SAO PAULO, Feb 4 (Reuters) - Gerdau SA, the largest steelmaker in the Americas, and JFE Steel Corp have agreed to produce heavy slabs in Brazil, a venture that will allow them to cater for clients in the region and reduce Brazilian imports of the product.

Under terms of the agreement, which was unveiled in a Thursday securities filing, JFE Steel will assist Gerdau in the production of heavy slabs from a plant in Ouro Branco, in the Brazilian state of Minas Gerais.

Production of the first generation of thickness gauge is expected by July, the filing added. (Reporting by Guillermo Parra-Bernal; Editing by Mark Potter)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below