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Gerdau continues investment in response to growing demand in US market

23 Jun 2025 14:45 reported by Raul Lee

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The North American market is becoming more important for Brazilian steelmaker Gerdau. Chia Yuan Wang, president of Gerdau Long Steel North America, commented in an interview that operations in the US and Canada currently represent almost half of the Gerdau's global revenue: 49.7% in the first quarter of 2025.

Wang affirms that Donald Trump's tariff measures have a positive impact on the utilization of his company's production capacity (6.8 million tons per year), which is 100% focused on supplying steel to the US market. Gerdau currently has 13 plants and 35 scrap collection centers, and approximately 6,600 employees in the US and Canada.

To meet growing demand, Gerdau will invest R$6 billion globally this year, including the expansion of two plants in the US (Texas and Michigan) that will add an extra 450,000 tons of annual capacity.

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