Gerdau has completed the sale to Optimus Steel LLC of certain wire rod operations in the U.S. The transaction included Gerdau’s mill in Beaumont, Texas, and downstream locations Beaumont Wire Products and Carrollton Wire Products.
The Beaumont mill has a melt shop capacity of approximately 700,000 tons, and is capable of producing both wire rod and coiled rebar.
Gerdau maintains a strong presence in North America, with a sizeable network of efficient, productive mills that are well-positioned to serve customers in the long products market.
Published in the May 2018 Edition
