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Latest Gerdau Stories

2009-09-18 08:25:00

PITTSBURGH, Sept. 18 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has been awarded a $20.5 million contract to supply Gerdau Ameristeel sheet piling to the Panama Canal Authority (ACP) for use in the construction of the Panama Canal Expansion. The successful bidder for the PAC-4 contract opening later this year will install the piling for the excavation of the Pacific Access Channel and the construction of the Borinquen Dam. Gerdau Ameristeel's PS 31 flat...

2009-08-31 15:10:00

TAMPA, FL, Aug. 31 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (the "Company") (NYSE: GNA; TSX: GNA) today announced that it has completed the previously announced redemption of its $405 million 10 3/8% Senior Notes due 2011 (the "Notes") at a redemption price in the amount of $417,626,662, representing 101.792% of the outstanding principal amount plus accrued interest to the redemption date (the "Redemption Price"). The Redemption Price was paid entirely with cash and the Notes...

2009-08-28 15:27:00

NEW YORK, Aug. 28 /PRNewswire/ -- MZ Consult NY (www.mz-ir.com), a leading investor relations and financial communications firm and coordinator of IR Global Rankings is pleased to announce that the registration period for the 2010 IR Global Rankings starts on September 1, 2009. We invite you to participate in our conference call to discuss the latest developments and procedures for the upcoming edition. Join our conference call for details on the 2010 edition:...

2009-08-28 07:55:00

TAMPA, FL, Aug. 28 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) announced today that it has reached agreement with the United Steel Workers (USW) regarding the suspension of production at the Company's steel mill located in Sand Springs, Oklahoma. Members of USW Local 2741 voted to accept the terms and conditions of the agreement on August 27, 2009. In connection with this action, the Company expects to incur an accounting charge within the range it announced...

2009-08-27 13:20:00

PITTSBURGH, Aug. 27 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has been awarded a $1.9 million contract by the City of Ashland, KY to supply Gerdau Ameristeel PS 27.5 flat sheet piling and PilePro connectors for the construction of an OPEN CELL structure at Veteran's Riverfront Park on the Ohio River. Project engineer KZF Design of Cincinnati, OH, recommended L.B. Foster and OPEN CELL technology over traditional tie-back walls to reduce material and...

2009-08-06 09:25:00

RIO GRANDE DO SUL, Brazil, Aug. 6 /PRNewswire-FirstCall/ -- Gerdau S.A. (NYSE: GGB) announces consolidated results for the second quarter of 2009. 2nd quarter of 2009 Highlights - Crude Steel production increased 22% in the second quarter compared to the first quarter of 2009, reaching 3.1 million tonnes. - Sales totaled 3.4 million tonnes in the second quarter of 2009, 10% higher than in the previous quarter. - Net Revenue reached R$ 6.4 billion in the second...

2009-08-06 07:35:00

TAMPA, FL, Aug. 6 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today reported a net loss of $57.6 million ($0.13 per share fully diluted) for the three months ended June 30, 2009, in comparison to net income of $262.1 million ($0.60 per share fully diluted) for the three months ended June 30, 2008. Included in these results is a $36.5 million pre-tax non-cash charge related to actions announced in early June to close or suspend production at certain of the...

2009-07-20 15:00:00

- 2009 second quarter results to be released before markets open on Thursday, August 6, 2009 - TAMPA, FL, July 20 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (NYSE: GNA) (TMX: GNA) will host a conference call to discuss its 2009 second quarter financial results for the three-month period ending June 30, 2009. The Company invites all interested parties to participate. DATE: Thursday, August 6, 2009 TIME: 3:00 p.m., Eastern Time. Please...

2009-07-17 15:54:00

TAMPA, FL, July 17 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (the "Company") (NYSE: GNA; TSX: GNA) today announced its intentions to fully redeem its $405 million 10 3/8% Senior Notes due 2011 on August 31, 2009. The Company has provided notice to U.S. Bank National Association ("US Bank"), the indenture trustee, of its election to redeem all of its outstanding 10 3/8% Senior Notes due 2011 in the aggregate principal amount of $405 million (the "Notes"), at a redemption price...

2009-07-17 10:03:00

PITTSBURGH, July 17 /PRNewswire-FirstCall/ -- L.B. Foster Company (Nasdaq: FSTR) of Pittsburgh, PA has been awarded a $23.1 million contract to provide steel sheet piling to the U.S. Army Corps of Engineers (USACE) for the construction of T-wall type flood walls in the New Orleans area. The PZC(TM) piling will be manufactured in lengths of 20 to 75 feet at the Gerdau Ameristeel Petersburg, VA facility and stored for convenient availability at L.B. Foster's New Orleans storage facility. "Our...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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