Gerdau SA (GGBR3.SA)
R$ -0.04 (-0.36%)
|Market Cap(Mil.):||R$ 19,317.49|
SAO PAULO An explosion at a Brazilian steel plant operated by Gerdau SA killed two people and injured 10 others on Tuesday, the company and local metalworkers union said.
SAO PAULO, Aug 9 Brazilian steelmaker Gerdau SA is maintaining its capital spending target this year and aims to invest about as much in 2018, when an economic recovery should spur more construction, the company's chief executive said on Wednesday.
SAO PAULO, Aug 9 Brazilian steelmaker Gerdau SA reported a net profit of 76.5 million reais ($24.5 million) in the second quarter, 3 percent below a net profit of 79 million reais a year earlier, according to a securities filing on Wednesday.
SAO PAULO, May 4 Gerdau SA, the largest steelmaker in the Americas, swung to an unexpected first-quarter loss on Thursday, reflecting declining revenue and the impact of a recent Brazilian ruling on the booking of contingent liabilities.
SAO PAULO, May 4 Gerdau SA, the largest steelmaker in the Americas, posted a surprising first-quarter loss on Thursday, reflecting declining revenue and the impact of a recent Brazil ruling on the booking of contingent liabilities.
SAO PAULO, March 29 Gerdau SA, the largest steelmaker in the Americas, has agreed to create a long steel joint venture in Colombia with Putney Capital Management amid efforts to cut debt and boost returns.
SAO PAULO, March 22 Shareholders of Brazilian steelmaker Gerdau SA will have the chance to swap each of their common shares for a preferred share of the company, holding company Metalurgica Gerdau SA confirmed in a Wednesday securities filing. (Reporting by Brad Haynes and Guillermo Parra-Bernal; Editing by Bill Rigby)
By Bruno Federowski SAO PAULO, March 8 Latin American currencies weakened on Wednesday after data showed hiring by U.S. private employers surged, solidifying bets on a Federal Reserve interest rate increase next week. The ADP National Employment Report showed U.S. private payrolls added 298,000 jobs in February, well above economists' expectations of a 190,000 gain. Bets that the Fed could hike rates soon have been steadily growing for weeks after several policymaker
* Brazil's Gerdau CEO André B. Gerdau Johannpeter says on conference call for Q4 results that perspective for 2017 remains challenging, but expects gradual recovery of steel demand during the year
BRASILIA, Feb 22 Brazilian steelmaker Gerdau SA reported on Wednesday a net loss of 3.1 billion reais ($1.00 billion) in the fourth quarter, due to impairments and lower steel sales.