Brazil's Largest Steel Producer, Gerdau, Will Invest R$ 1 Billion in Special Steel Production This Year

Brazil’s Largest Steel Producer, Gerdau, Will Invest R$ 1 Billion in Special Steel Production This Year

Written by Roberta Souza

Published on 19/04/2021 at 15:44

Updated on 27/04/2021 at 18:03

Foto: reprodução. Fonte: Gerdau

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Gerdau, The Largest Steel Producer In Brazil, Announced New Production Of Special Steels. The Investment Is Part Of The Recently Announced Global Plan

Gerdau announced today (04/19) that it will invest R$ 1 billion in the production of special steels. The amount to be invested will be allocated to the modernization and expansion of businesses to meet the positive outlook for the automotive and machinery and equipment sectors. The largest steel producer in Brazil stated in a statement that the value is part of the global investment announced in February, totaling R$ 3.5 billion. Due to the economic impact of the pandemic, part of the plan’s resources is related to the postponed plan from 2020.

Gerdau’s Plan For Investments In Special Steels

Gerdau stated that investments will be concentrated in the factories of Pindamonhangaba and Mogi das Cruzes, both located in the state of São Paulo and in Charqueadas, in the state of Rio Grande do Sul.

The Mogi das Cruzes plant will reopen its steel mill, with plans to resume activities in the second half of the year. The facility has been shut down since March 2019, and has an annual production capacity of approximately 180 thousand tons, which will be rolled at the Pindamonhangaba plant.

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Gerdau stated that the Pindamonhangaba installation continues to invest in new continuous casting with an expected start of operations in August 2022. Gerdau will install a new “annealing and spheroidization furnace for steel bars” in Charqueadas, which will enable the company to meet the growing demand for increasingly demanding materials, especially in the automotive sector. The company reported that the equipment has an annual production capacity of 48 thousand tons and will begin operations in August 2022.

About Gerdau: It is the largest company in the steel production segment in Brazil in terms of long steels, being the largest in the Americas, and in the production of special steels, it is the largest in the world. In Brazil, Gerdau also produces iron ore and flat steels. The company is also considered the largest recycler in Latin America and worldwide it transforms millions of tons of scrap into steel, reinforcing its commitment to the sustainable development of the regions where it operates.

Gerdau Opens Qualification Courses For People With Disabilities

The largest steel production company in Brazil has launched the Pertencer program in Minas Gerais, which offers 100 spots for a professional qualification course exclusively for people with disabilities. Gerdau’s project aims to train people with disabilities in the area of steelmaking processes, which will take place at the Ouro Branco plant, located in the state of Minas Gerais.

In addition to IEL, the project also established a cooperation relationship with Senai of Minas Gerais. The idea is to form 4 classes with a maximum of 25 people with disabilities. The project will not be very short and may last up to 10 months. This includes theory and practice. If participants excel, they may be hired by the company. All of this depends on Gerdau’s vacancy situation. To participate in the Gerdau program, you must be at least 18 years old. In addition, you must have completed high school and reside in Ouro Preto. Upon registering, it is also necessary to present (CID-International Classification of Diseases). The person must be willing to participate in training online and in-person. Click here to access the full article.

Brazil’s Largest Steel Producer, Gerdau, Will Invest R$ 1 Billion in Special Steel Production This Year

Gerdau, The Largest Steel Producer In Brazil, Announced New Production Of Special Steels. The Investment Is Part Of The Recently Announced Global Plan

Gerdau’s Plan For Investments In Special Steels

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Gerdau Opens Qualification Courses For People With Disabilities

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Brazil’s Largest Steel Producer, Gerdau, Will Invest R$ 1 Billion in Special Steel Production This Year

Gerdau, The Largest Steel Producer In Brazil, Announced New Production Of Special Steels. The Investment Is Part Of The Recently Announced Global Plan

Gerdau’s Plan For Investments In Special Steels

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