Gerdau is holding back investment in Peru while its Siderperú unit moves to block a rival Chinese steel project, as Brazilian steelmakers push back against Chinese competition.

Companhia pede ao novo governo que impeça uma concorrente chinesa de construir uma unidade, alegando que o projeto não possui licenças necessárias e criaria condições para…

Gerdau is holding back investment in Peru while its Siderperú unit moves to block a rival Chinese steel project, as Brazilian steelmakers push back against Chinese competition.