Gerdau investing $60.6M to expand Monroe mill capacity

Gerdau is investing BRL 266 million ($60.6 million) to expand capacity by 160,000 mt/year at its Monroe, Michigan mill for SBQ.

“The company’s Monroe, Michigan mill in the US will receive BRL 266 million ($60.6 million) in funds for a 160,000 mt/year SBQ capacity expansion.”steelorbis.com

• 1 source
• steelorbis.comGerdau investing $285.7 million to expand capacity at three millsFeb 20, 2020

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