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Gerdau says truckers' strike affecting Brazilian operations

Gerdau SA said May 28 that the ongoing truckers' strike in Brazil has been affecting the company's production and its inbound and outbound logistics.

The Brazilian steelmaker, which operates the Miguel Burnier iron ore mine in Minas Gerais state, is taking all possible preventive measures to minimize the effects from the strike.

Gerdau's international operations are functioning normally, the company added.