Business: Gerdau Aza resumes operations at one plant, freezes rebar prices in H1

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News - Wednesday, March 10, 2010

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* Gerdau Aza resumes operations at one plant, freezes rebar prices in H1 - Chile

Chilean steelmaker Gerdau Aza, the local subsidiary of Brazil's Gerdau (NYSE: GGB), has resumed operations at its hot rolling plant in the metropolitan region's Renca district, a company spokesperson told BNamericas.

However, the restart of operations at the Colina complex - including a steel mill and hot rolling plant - remains uncertain as damage is still being evaluated, the spokesperson added.

The two plants were affected by the 8.8 magnitude earthquake that hit central and southern Chile ... more
http://www.bnamericas.com/news/metals/Gerdau_Aza_resumes_operations_at_one_plant,_freezes_rebar_prices_in_H1/177847528

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In-deph interview
* Cristian ReosAnalyst - Allaria LedesmaIn early 2010 Argentine steel industry association CIS said that is expects domestic market demand to recover, although it will remain below the levels seen in 2008. However, th... more

http://www.bnamericas.com/interviews/metals/Cristian_Reos_,Allaria_Ledesma,/177847528

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