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Last updated on April 17, 2014 at 16:43 EDT

Latest Gerdau Stories

2014-03-27 12:23:42

Leading bridge manufacturer hires experienced steel fabrication industry veteran as new business leader DOWNERS GROVE, Ill., March 27, 2014 /PRNewswire/ -- Veritas Steel LLC, a portfolio company of Atlas Holdings LLC, announced today the hiring of Tracy Glende as President and Chief Executive Officer. http://photos.prnewswire.com/prnvar/20140327/LA92338LOGO Mr. Glende brings over 20 years of global management experience, commercial, and operational expertise and a highly successful...

2014-03-25 08:23:28

PORTO ALEGRE, Brazil, March 25, 2014 /PRNewswire/ -- GERDAU S.A. hereby announces that the Form 20-F related to the fiscal year ended December 31, 2013 was filed with the U.S. Securities and Exchange Commission (SEC) and the Securities and Exchange Commission of Brazil (CVM) and is available at the Company's Investor Relations Website (www.gerdau.com/investidores). Shareholders may request a free copy of the Form 20-F from the IR team by sending an email to inform@gerdau.com.br or by...

2014-02-21 08:22:39

2013 Highlights PORTO ALEGRE, Brazil, Feb. 21, 2014 /PRNewswire/ -- In 2013, with shipments of 18.5 million metric tons, consolidated net sales came to R$ 39.9 billion, increasing 5.0% in relation to 2012, with growth in all business operations. Consolidated EBITDA was R$ 4.8 billion, increasing 14.6% from 2012, with the improvement in EBITDA in the year explained by the performance of the operations in Brazil and Latin America. As a result, consolidated EBITDA margin expanded from...

2013-10-31 08:25:16

3rd quarter of 2013 Highlights PORTO ALEGRE, Brazil, Oct. 31, 2013 /PRNewswire/ -- Shipments of steel products reached 4.8 million tonnes in the 3Q13, the same level when compared to 3Q12; however an increase of 3.0% when compared to 2Q13. Net Sales reached R$ 10.5 billion in the 3Q13, an increase of 6.9% when compared to 3Q12. In the first nine months of 2013 net sales reached R$ 29.5 billion, an increase of 1.9% when compared to the same period of 2012. 3Q13 EBITDA...

2013-10-25 16:24:33

DUBLIN, October 25, 2013 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/24tmwn/steel_scrap) has announced the addition of the "Steel Scrap - Global Strategic Business Report" [http://www.researchandmarkets.com/research/24tmwn/steel_scrap ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) This report analyzes the worldwide markets for Steel Scrap...

2013-08-01 08:25:13

2nd quarter of 2013 Highlights PORTO ALEGRE, Brazil, Aug. 1, 2013 /PRNewswire/ -- Shipments of steel products reached 4.6 million tonnes in the 2Q13, a 3% reduction when compared to 2Q12, however an increase of 1.7% compared to 1Q13. Net Sales reached R$ 9.9 billion in the 2Q13, a slight decrease compared to 2Q12, following the reduction in shipments at the various Business Operations. 2Q13 EBITDA reached R$ 1.196 million, a decrease when compared to R$ 1.244 million in 2Q12, due...

2013-02-21 12:23:02

PORTO ALEGRE, Brazil, Feb. 21, 2013 /PRNewswire/ -- 2012 Highlights Shipments totaled 18.6 million tonnes, down 3% from the prior year, mainly due to the lower exports from Brazil, which were partially redirected to the domestic market, where shipments grew 5%. In 2012, consolidated net sales totaled R$ 38.0 billion, a 7% increase compared to 2011. This performance occurred by improvement in net sales per tonne shipped, which offset the lower shipments. The 2012 EBITDA reached R$ 4.2...

2013-02-08 08:22:41

LONDON, February 8, 2013 /PRNewswire/ -- 2012 was a tough year for the steel industry due to economic uncertainties. However, the improving global economic outlook suggests that the steel industry could see a turnaround. With growth in China accelerating and the housing market in the U.S. continuing to improve, companies such as Companhia Siderurgica Nacional (ADR) (NYSE: SID) and Gerdau SA (ADR) (NYSE: GGB) can expect robust growth in 2013. StockCall technical research on...

2012-11-01 07:24:49

PORTO ALEGRE, Brazil, Nov. 1, 2012 /PRNewswire/ -- Gerdau ceases its efforts to identify a strategic partner for its integrated mining project and reaffirms its commitment to the project, implementing an own investment plan. Ongoing prospecting and studies estimate total iron resources at 6.3 billion tonnes, with iron content greater than 40%. Shipments of steel products reached 4.8 million tonnes in the 3Q12, small reduction when compared to 3Q11. Net Sales reached R$ 9.8 billion in the...

2012-08-23 02:23:33

LONDON, August 23, 2012 /PRNewswire/ -- CRU North American Steel Conference Chicago, USA, 29-30 October 2012 'The opportunities and challenges facing the US steel industry in 2013 and beyond' opens the North American Steel Conference [http://www.nasteelconference.com ], bringing together North America's leading steel producers, consumers and service centres. Confirmed speakers include a range of senior management from the steel industry...