: For the Brazilian-based Gerdau, selling these units was an "important milestone" in reducing financial leverage and shifting focus toward higher-return opportunities within its global operations.
: These assets added roughly 2.5 million tons of annual mill rolling capacity to CMC’s portfolio. Market Analysis & Strategic Impact cmc to buy gerdau
The deal was highly strategic, as it consolidated two of the three largest rebar producers in the U.S.. The acquisition included: : For the Brazilian-based Gerdau, selling these units
: The deal underwent an antitrust review by the Department of Justice (DOJ) , which granted approval before the transaction closed in late 2018. Post-Acquisition Developments CMC deal for Gerdau rebar mills seen boosting pricing power : For the Brazilian-based Gerdau