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3 results for “GGB”

PROMarkets• Aug 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.

PROMarkets• Aug 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.

PROMarkets• Jul 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.