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Latest Gerdau Stories

2010-05-14 13:31:00

TAMPA, FL, May 14 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today announced that Terry K. Sutter, Vice President, Chief Operating Officer, will be leaving the company for personal reasons effective May 21, 2010. "On behalf of Gerdau Ameristeel, I would like to thank Terry for his contributions to the company and wish him and his family well for the future," said Mario Longhi, President and CEO. About Gerdau Ameristeel Gerdau Ameristeel is the second...

2010-05-06 08:27:00

PORTO ALEGRE, Brazil, May 6 /PRNewswire-FirstCall/ -- Gerdau S.A. (NYSE: GGB) announces its first quarter consolidated information. 1st quarter of 2010 Highlights Shipments reached 4.1 million tonnes in the 1Q10, 32% higher than in the 1Q09, mainly due to a recovery on sales for construction and industry in the Brazilian domestic market of Brazil Business Operation. Net Revenue reached R$ 7.1 billion in the 1Q10, slightly higher than 1Q09, due to higher shipments, partially offset by the...

2010-05-06 07:30:00

TAMPA, FL, May 6 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today reported net income of $25.2 million ($0.06 per share diluted) for the three months ended March 31, 2010, in comparison to a net loss of $31.5 million ($0.07 per share) for the three months ended March 31, 2009 and a net loss of $32.8 million ($0.08 per share) for the three months ended December 31, 2009. The Company has adopted International Financial Reporting Standards ("IFRS"), as issued by...

2010-05-05 10:45:00

DETROIT, May 5 /PRNewswire/ -- The Bar Applications Group (BAG) of the Steel Market Development Institute (SMDI) announced the release of its fifth update of the online Bar Steel Fatigue Database today, making more than 110 steel grade and process iterations available to project team members and design engineers in the ground vehicle industry. "The Fatigue Database provides core information that better predicts the design capability of improved parts," David Anderson, director of Long...

2010-05-04 15:08:00

TAMPA, FL, May 4 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) announced today that its Annual and Special Meeting of Shareholders will be held on Wednesday, May 12, 2010 at 9:30 a.m. ET at The St. Andrew's Club and Conference Centre, 150 King Street West, 27th Floor, Toronto, Ontario. The presentation will be webcast live. To access the webcast go to: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3065920 or www.gerdauameristeel.com. Please connect at...

2010-04-27 07:30:00

MUNSTER, Germany, April 27 /PRNewswire/ -- Kenersys, a Kalyani Group Company and wind turbine manufacturer today announced the appointment of Mr. Paulo Fernando Soares as the Group CEO, Kenersys with effect from April 13, 2010. Prior to joining Kenersys, Paulo worked as the CEO of Suzlon China in Beijing for a period of 5 years. Under his leadership Suzlon has successfully negotiated significant amount of contracts in the Chinese market, which have allowed the company to secure a place as...

2010-04-19 15:15:00

- 2010 first quarter results to be released before markets open on Thursday, May 6, 2010 - TAMPA, FL, April 19 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA) (TMX: GNA) will host a conference call to discuss its 2010 first quarter financial results for the three-month period ending March 31, 2010. The Company invites all interested parties to participate. DATE: Thursday, May 6, 2010 TIME: 2:30 p.m., Eastern Time. Please call in 15...

2010-02-25 07:52:00

SAO PAULO, Feb. 25 /PRNewswire-FirstCall/ -- Gerdau S.A. today announced its 2009 consolidated information. Fourth Quarter 2009 Highlights: Shipments reached 3.7 million tonnes in the 4th quarter of 2009, 5% lower than in the 3rd quarter of 2009, due to lower shipment in the North America Business Operation. In the same period, the Brazil Business Operation shipments grew by 6% in the domestic market, reaching 1.1 million tonnes, due to growing demand in the construction and...

2010-02-25 07:15:00

TAMPA, FL, Feb. 25 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today reported a net loss of $46.1 million ($0.11 per share) for the three months ended December 31, 2009, in comparison to a net loss of $25.4 million ($0.06 per share) for the three months ended September 30, 2009 and $1.3 billion ($3.08 per share) for the three months ended December 31, 2008. Included in the results for the three months ended December 31, 2009 is a pre-tax charge of $12.2...

2010-02-12 08:51:00

PITTSBURGH, Feb. 12 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR), headquartered in Pittsburgh, PA, is providing steel sheet piling for improvements to the Ports of Indiana-Burns Harbor. The Port has awarded a $3.7 million contract to L.B. Foster for PZC 26, PZC 18, PZ 40 and PS 31 sheet piling for use in new dock wall construction in the West Harbor area. The Harbor is located 30 miles east of Chicago, enabling shippers to transport products by truck, rail, barge, ship or...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'