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Gerdau SA (GGBR4.SA)

GGBR4.SA on Sao Paulo Stock Exchange

14.79BRL
16 Jul 2019
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Wed, May 8 2019

Brazilian steelmaker Gerdau posts net income of $114 million in q1

SAO PAULO, May 8 Brazilian steelmaker Gerdau on Wednesday reported a net income in the first quarter of 453 million reais ($114.11 million), roughly flat compared to the same period last year, in which the company benefited from high international prices.

Brazil steelmaker Gerdau to invest in 'dry stacking' after Vale disaster

SAO PAULO, Feb 21 Brazilian steelmaker Gerdau SA plans to invest 300 million reais ($79.6 million) through 2021 to implement a mining process known as dry stacking in the Brazilian state of Minas Gerais, an executive said on an earnings call Thursday.

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