Gerdau SA (GGBR4.SA)
R$ -0.34 (-2.17%)
|Market Cap(Mil.):||R$ 18,434.69|
SAO PAULO, Nov 22 Brazilian steelmaker Gerdau SA , which has significant operations in the United States, expects its U.S. bottom line to continue benefiting from import tariffs on the metal and is looking to expand its output there, but is struggling to find workers to fill jobs.
SAO PAULO, Nov 22 Brazilian steelmaker Gerdau SA , which has significant operations in the United States, said on Thursday that it wants to expand production in the United States but cannot find enough workers to fill jobs.
SAO PAULO, Nov 7 Brazilian steelmaker Gerdau SA posted net income of 791 million reais ($210 million) in the third quarter, more than double analysts' estimates of 385 million reais, helped by higher steel prices in the United States and Brazil.
SAO PAULO, Nov 7 Brazil steelmaker Gerdau SA on Wednesday reported a third-quarter profit of 791 million reais, more than 5 times more than a year earlier, driven by higher steel prices despite selling less metal overall.
SAO PAULO, Nov 7 Brazilian steelmaker Gerdau SA on Wednesday reported a third-quarter net income of 791 million reais ($210.3 million), compared to 145 million reais during the same period last year as net revenues rose on higher international prices in the period.
* CORRECTED-BRAZILIAN STEELMAKER GERDAU SAYS BOARD APPROVED SALE OF ASSETS IN INDIA (NOT: SALE OF GERDAU HUNGARY SUBSIDIARY) FOR $120 MILLION TO BLUE CORAL INVESTMENT AND MOUNTAINPEAK INVESTMENT -FILING Source text in Portuguese: [https://bit.ly/2wk4M2g] Further company coverage: (Reporting by Jake Spring)