Gerdau to review investment plans
Gerdau of Brazil, the biggest producer of long steel in the Americas, said it would review its investment plans for 2008-2010 as a result of the slowdown in the global economy.
Petroleo Brasileiro SA said its $224.7 billion investment plan for the 2011-2015 period is maintained and denied speculation that it's discussing cuts in the program, according to an e-mailed statement.