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Gerdau SA (GGBR4.SA)

GGBR4.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Brazil's Industry Group IABR projects 2.2 pct steel production growth in 2019
Thursday, 25 Apr 2019 

April 25 (Reuters) - Companhia Siderurgica Nacional ::BRAZIL'S INDUSTRY GROUP IABR REDUCES EXPECTED 2019 GROWTH FOR STEEL PRODUCTION TO 2.2 PERCENT FROM 2.7 PERCENT.BRAZIL'S INDUSTRY GROUP IABR PREDICTS 4.1 PERCENT OF GROWTH IN STEEL SALES IN BRAZIL.  Full Article

Brazil steelmaker Gerdau cuts 2019 investment plan amid weak demand

SAO PAULO Brazilian steelmaker Gerdau on Wednesday lowered its estimates for 2019 investment by 18%, due to reduced demand for long steel products, weak construction demand and a fast pace of divestitures.