Gerdau sees better steel demand in Brazilian industrial, automotive sectors

Brazil-based steel group Gerdau is confident about a recovery in steel demand in the country, mainly from the industrial and automotive industries.

“We are seeing an increase in demand, especially in the industrial and automotive sectors,” chief executive officer Gustavo Werneck said on Wednesday February 28.

“In construction, there are signs of a gradual recovery, and at a stronger pace than in 2017,” Werneck...

Published

Felipe Peroni

February 28, 2018

20:46 GMT

São Paulo