Gerdau Aza to increase production in 2003
Chilean steel producer Gerdau Aza which is a subsidiary of
Brazil's Gerdau Group, estimates to increase its crude steel
production by 12% to 284'000 tons this year. Furthermore, net revenues will reach $96 million, up by 20% in 2003.
These expections are in relation with strong operational figures as a result of $23 million investment.
Gerdau Group has invested $182 million since 1992 to Aza which produces long products that are used in civil
construction and industrial sectors.