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Gerdau SA (GGBR3.SA)

GGBR3.SA on Sao Paulo Stock Exchange

12.22BRL
16 Jul 2018
Change (% chg)

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R$ 12.22
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94,008
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R$ 15.28
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R$ 9.36

Latest Key Developments (Source: Significant Developments)

Commercial Metals Co Announces Pricing Of $350 Mln Of Senior Notes Due 2026
Friday, 20 Apr 2018 

April 19 (Reuters) - Commercial Metals Co ::COMMERCIAL METALS COMPANY ANNOUNCES PRICING OF $350 MILLION OF SENIOR NOTES DUE 2026.COMMERCIAL METALS CO - AGREED TO SELL $350 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.750% SENIOR NOTES DUE 2026.  Full Article

Brazilian steelmaker Gerdau hopes reduce leverage by end of year
Wednesday, 10 Aug 2016 

: Brazilian steelmaker Gerdau SA said it is seeing some signs of a recovery in Brazilian steel demand . Gerdau said hopes to keep reducing leverage in dollar terms until end of year . Gerdau said its mills in Brazil reached a utilization rate of 75 percent capacity in Q2, compared to 65 percent in Q1 Further company coverage: (Reporting by Alberto Alerigi) ((Stephen.Eisenhammer@thomsonreuters.com;)).  Full Article

ArcelorMittal to top Brazil's long steel output after Votorantim deal: executive

SAO PAULO/BRASILIA The Brazilian unit of ArcelorMittal expects to conclude in the second quarter the takeover of rival Votorantim Siderurgia SA to become the country's largest long steel producer, a senior company executive said.