Brazil steelmaker Gerdau sees investments up 12 pct in 2014

Reuters

SAO PAULO, Feb 21 (Reuters) - Gerdau SA, the world's second biggest maker of long steel, expects to invest 2.9 billion reais ($1.2 billion) in 2014, up 12 percent from 2.6 billion reais last year, Chief Executive André Gerdau Johannpeter said on a Friday conference call.

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