Brazilian steel maker Gerdau announced that it will invest BRL 200 million (USD 37 million) in its Riograndense unit in Sapucaia do Sul in Brazil for the modernization and renovation of its steel shop. The investments are aimed at modernizing the steelworks facilities, implementing improvements in the digital transformation and industry 4.0 journey and improving environmental and safety conditions in the steel production process, such as the modernization of the dedusting system. About 400 new direct and indirect jobs will be generated during the execution of the investments.Activities at the Riograndense Unit Steelworks will be interrupted in February, with a return scheduled for the beginning of 2023, after the completion of the investments and planned renovations. Market service will remain unchanged, as the unit's rolling operations will be supplied by semi-finished products manufactured at other Gerdau plants located in Brazil.With 1,200 employees, the Riograndense unit has an annual crude steel production capacity of 450 thousand tonnes and 495 thousand tonnes of finished products, including rebar, wire rod, bars, drawn wires and nails.
Brazilian steel maker Gerdau announced that it will invest BRL 200 million (USD 37 million) in its Riograndense unit in Sapucaia do Sul in Brazil for the modernization and renovation of its steel shop. The investments are aimed at modernizing the steelworks facilities, implementing improvements in the digital transformation and industry 4.0 journey and improving environmental and safety conditions in the steel production process, such as the modernization of the dedusting system. About 400 new direct and indirect jobs will be generated during the execution of the investments.Activities at the Riograndense Unit Steelworks will be interrupted in February, with a return scheduled for the beginning of 2023, after the completion of the investments and planned renovations. Market service will remain unchanged, as the unit's rolling operations will be supplied by semi-finished products manufactured at other Gerdau plants located in Brazil.With 1,200 employees, the Riograndense unit has an annual crude steel production capacity of 450 thousand tonnes and 495 thousand tonnes of finished products, including rebar, wire rod, bars, drawn wires and nails.
