North American long steel metal spread to remain stable, Gerdau says

Brazil-based steelmaker Gerdau expected to see stability in the current record-high metal price spreads in the United States continuing through 2022, chief executive officer Gustavo Werneck said on Tuesday November 30.

This would be fueled by positive economic data and expectations after the announcement by the US of a $1.2 trillion infrastructure stimulus package, he said.

Metal price spreads -...


Renato Rostás

November 30, 2021

19:40 GMT

São Paulo