Latest Gerdau Stories

2014-07-30 08:26:01

PORTO ALEGRE, Brazil, July 30, 2014 /PRNewswire/ -- Shipments of steel products reached 4.5 million tonnes in the 2Q14, a reduction of 2.4% when compared to 2Q13. Net Sales reached R$ 10.4 billion in the 2Q14, an increase of 5.7% when compared to 2Q13. 2Q14 EBITDA reached R$ 1.2 billion. The EBITDA margin reached 11.2% in the 2Q14, lower than 12.1% recorded in 2Q13, due to the weaker performance of the Brazil and Special Steel BOs, which was partially offset by the better...

2014-05-07 08:35:37

PORTO ALEGRE, Brazil, May 7, 2014 /PRNewswire/ -- Shipments of steel products reached 4.4 million tonnes in the 1Q14, a reduction of 3.7% when compared to 1Q13. Net Sales reached R$ 10.6 billion in the 1Q14, an increase of 15.1% when compared to 1Q13. 1Q14 EBITDA reached R$ 1.2 billion, compared to R$ 805 million in the 1Q13. The EBITDA margin reached 11.3% in the 1Q14, higher than 8.8% recorded in 1Q13, due to the better performance in the various regions where the Company...

2014-05-06 12:27:56

SAO PAULO, May 6, 2014 /PRNewswire/ -- The 13th COMANDATUBA FORUM sponsored by the LIDE - Group of Business Leaders presided by Joao Doria Jr., was held from May 1-4 in Bahia with the attendance of 320 business leaders and political authorities working from An agenda for the Development of Brazil. The first night of the forum included a ceremony during which the Executive Directors who most contributed with important actions for development of the country were given the LIDE AWARD...

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...

Word of the Day
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'