Gerdau acquires Kloeckner’s Brazil operations

This strategic move aims to expand Gerdau’s market share and production capacity. By taking over Kloeckner’s business in Brazil, Gerdau seeks to strengthen its position, particularly in the construction and automotive sectors.

Kloeckner operates a vast global distribution network for steel and metal products. As a result, this acquisition is expected to enhance Gerdau’s competitiveness on the international stage.