Brazilian steel producer Gerdau has revised its investment and earnings projections, reflecting changes in the global steel market. The company now plans to invest R$9.2 billion ($1.67 billion) in strategic initiatives through 2027, down from earlier estimates of R$11.9 billion ($2.16 billion) for 2021-2026. Of this amount, R$3.4 billion ($618.18 million) has already been invested, […]
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