Brazil's Gerdau CEO André B. Gerdau Johannpeter says on conference call for Q4 results that perspective for 2017 remains challenging, but expects gradual recovery of steel demand during the year

CEO Johannpeter expects Brazilian economic recovery from second quarter of this year, benefiting steel marketGerdau CFO Harley Lorentz Scardoelli says CAPEX could remain stable in coming years.

Source:reuters.com