New Brazil Iron Ore Port Planned

Maritime Activity Reports, Inc.

May 8, 2012

Brazilian steelmaker Gerdau plans 80 million ton-per-year iron ore port in Rio de Janeiro state

Brazilian steelmaker Gerdau is planning to build its own port terminal at Sepetiba Bay near the company's Cosigua mill in Rio de Janeiro state, according to 'Business News Americas'

The port terminal will be implemented in two phases and will be able to export 70Mt/y of iron ore and to receive 10Mt/y of mineral coal to meet the demand from the company's steel plants in Brazil's southeastern region

Based in Porto Alegre, Gerdau is Latin America's largest steel producer and the biggest long steelmaker in the Americas.

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