Gerdau buys back bonds amid Brazilian steel demand

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Gerdau buys back bonds amid Brazilian steel demand

Oliver West
December 01, 2020 06:00 PM
Gerdau, steel, Brazil, Sao Paulo, LatAm, 575
Sao Paulo, Brazil - dec 16, 2014 - Closeup of the lettering and logo of Gerdau, steel industry company the largest producer of long steel in the Latin America, on its facade. | Fabio Salles/Casa da Photo - stock.adobe.com

Brazilian steel producer Gerdau will repurchase $300m of dollar bonds with cash as its profits rise thanks to strong demand for steel.

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Oliver West
US Bureau Chief - Latin America Editor
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