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Gerdau Suspends Operations over Coronavirus Lockdown

Steel News - Published on Wed, 25 Mar 2020

Image Source: Gerdau Coronavirus COVID-19 Lockdown
Gerdau SA is cautiously postponing all 2020 capital expenditure initiatives due to uncertainty surrounding the coronavirus pandemic. It has also suspended all operations in Peru and Argentina due to lockdowns declared in those countries

Gerdau also suspended melting and rolling operations at its special steel operations, which include electric arc furnace steel mills located in Jackson and Monroe in Michigan and Fort Smith in Arkansas.

Source :

Posted By : Yogender Pancholi on Wed, 25 Mar 2020
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