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3 results for “GGB

Gerdau Unveils R$7.5 Billion Brazil Transformation Plan to Cut Import Reliance and Boost Domestic Steel
PROMarketsAug 12

Gerdau Unveils R$7.5 Billion Brazil Transformation Plan to Cut Import Reliance and Boost Domestic Steel

Brazilian steel giant Gerdau announces a R$7.5 billion domestic investment to modernize operations and create a new mining platform.

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil
PROMarketsAug 12

Steel Giant Gerdau Plots Major Restructuring to Rebalance Earnings Back to Brazil

Gerdau will unveil a decade-long plan in October to transform its Brazilian unit, which currently contributes only 20% of its core profit.

Gerdau Valuation Gap Widens Despite Strong US Footprint
PROMarketsJul 23

Gerdau Valuation Gap Widens Despite Strong US Footprint

Gerdau S.A. trades at a steep discount to US steel peers like Nucor and Steel Dynamics despite generating a massive share of cash flow in North America.