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Gerdau SA (GGBR3.SA)

GGBR3.SA on Sao Paulo Stock Exchange

10.15BRL
17 Nov 2017
Change (% chg)

R$ 0.04 (+0.40%)
Prev Close
R$ 10.11
Open
R$ 10.19
Day's High
R$ 10.34
Day's Low
R$ 9.97
Volume
171,600
Avg. Vol
272,886
52-wk High
R$ 13.47
52-wk Low
R$ 7.32

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Wed, Nov 8 2017

Brazil steelmaker Gerdau holds 2017 investment target

SAO PAULO, Nov 8 Brazilian steelmaker Gerdau SA still aims to invest around 1.3 billion reais ($400 million) this year, Chief Executive André Gerdau Johannpeter said on Wednesday, suggesting a surge in fourth-quarter capital spending.

Brazil's Gerdau may sell U.S. facilities for $630 million: report

BRASILIA Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of its rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday.

UPDATE 1-Brazil's Gerdau may sell U.S. facilities for $630 mln -report

BRASILIA, Oct 17 Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of its rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday.

Brazil's Gerdau mulls raising $630 mln with U.S. deal -report

BRASILIA, Oct 17 Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday.

UPDATE 1-Gerdau to sell Chilean unit to Matco, I&I for $154 mln

SAO PAULO, Oct 4 Gerdau SA has agreed to sell a Chilean long steel unit to local firms Matco SA and Ingeniería & Inversiones SA for about $154 million, in a move aimed at helping the largest steelmaker in the Americas cut debt and boost profitability.

Gerdau to sell Chilean unit to Matco, I&I for $154 mln

SAO PAULO, Oct 4 Gerdau SA has agreed to sell a Chilean long steel unit to local players Matco Armacero SA and Ingeniería & Inversiones SA for about $154 million, in a move aimed at helping the largest steelmaker in the Americas cut debt and boost profitability.

Brazil's Gerdau appoints new CEO as controlling family leaves management

SAO PAULO, Aug 24 Gerdau SA, a Brazilian steelmaker, has appointed Gustavo Werneck da Cunha as the company's new chief executive officer effective from Jan. 1, 2018, according to a securities filing on Thursday.

Explosion kills two at Gerdau steel plant in Brazil

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.

UPDATE 1-Steelmaker Gerdau CEO expects 2018 Brazil recovery to boost building

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.

Brazil's Gerdau posts small slide in second-quarter profit

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.

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