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Gerdau
Gerdau, headquartered in Brazil, is a leading producer of long steel in the Americas and one of the largest suppliers of special steel in the world. With over 45,000 employees, it has industrial operations in 14 countries - in the Americas, Europe and Asia - which together represent an installed capacity of over 25 million metric tons of steel per year.
Latest News
Police Search Gerdau Offices; CEO Summoned for Questioning in Widening Tax Evasion Probe
25 February 2016 - Brazilian federal police have raided Gerdau SA headquarters and other offices in the country and summoned chief executive Andre Gerdau Johannpeter to testify as part of an investigation into a bribery and tax dodging scheme, according to reports.
Gerdau Gives a Thumbs Up to a New Rolling Mill, Plans to Begin Plate Production This Summer
19 February 2016 - Long steel maker Gerdau has issued the final acceptance certificate for its new Steckel mill at its Ouro Branco plant in the Brazilian state of Minas Gerais, according to the vendor on the project.
Gerdau Supplying Long Steel for US$1 Billion Airport Expansion
29 September 2015 - Gerdau is filling an order for 16,500 tons of rebar and structural steel that's being used to expand a U.S. airport.
Report: Gerdau May Acquire Stake in Indian Steelmaker
23 September 2015 - Lenders to India’s Visa Steel have decided to convert a large portion of the company’s debt into equity using the Reserve Bank of India’s strategic debt restructuring scheme, according to The Financial Express newspaper.
Exchange Rates Lift Gerdau Earnings Even As Shipments Decline
14 August 2015 - Brazilian steelmaker Gerdau SA recorded a 3-percent increase in net sales, even as shipments fell during the second quarter, the company said in its quarterly earnings statement.
Gerdau Announces Project Gerdau 2022 Corporate Restructuring Plan
16 July 2015 - On 14 July, Gerdau S.A. announced a sweeping corporate restructuring plan to respond to market changes and consolidate ownership of its South American, North American and Brazilian operations.
Gerdau Completes Coke Oven Plant in India
07 July 2015 - As reported by the Business Standard, secondary steel maker Gerdau has inaugurated a coke oven plant built at an investment of around Rs 500 crore at Tadipatri in Andhra Pradesh.
Harley Scardoelli Elected Corporate Director of Investor Relations for Gerdau
01 July 2015 - Gerdau announces the election, in meetings of the Boards of Directors of Gerdau S.A. and Metalúrgica Gerdau S.A., of Harley Scardoelli to the office of Corporate Director of Investor Relations, effective 15 July 2015, in view of the resignation of André Pires de Oliveira Dias.
AIC Gets Final Acceptance Certificate for a Revamping Project in Siderperu, Gerdau Group
29 June 2015 - AIC has successfully accomplished the roughing shear revamping project in SiderPeru, Tren 2, located in Nuevo Chimbote, Ancash - Peru and received the final acceptance certificate.
AIC Gets Final Acceptance Certificate for a Revamping Project in Gerdau Whitby
08 June 2015 - AIC has successfully accomplished the cooling bed area upgrade project in Gerdau Structural Mill located in Whitby, Ontario - Canada, during the last Christmas shutdown and received the final acceptance certificate.
Gerdau Steel India Commissions QMOS MES System from Quad Infotech
09 March 2015 - Gerdau Steel India Limited (GSIL) has completed the first phase of commissioning of the QMOS MES system at its integrated steel plant in Tadipatri, India.
Gerdau’s New Structural Steel Mill in Mexico Starting Up Operations
02 March 2015 - With the start of steel production scheduled for the first quarter of 2015, the melt shop of Gerdau's new steel mill in Mexico is in its final testing period.
Gerdau Employees Donate More Than 44,000 Pounds of Food to Local Charities
05 February 2015 - Employees of Gerdau’s North American special and long steel business divisions collected more than 44,000 pounds of non-perishable food items for charities in the communities in which they operate during the 2014 holiday season.
Lower Demand for Steel Reduces Gerdau's Performance in Q3
17 November 2014 - Gerdau closed the third quarter of 2014 with a shipment volume of 4.6 million metric tons of steel, which is 4.5% lower compared to the same period last year.
worldsteel Recognizes Six Companies for Safety and Health Excellence
09 October 2014 - The World Steel Association (worldsteel) has recognized six excellent safety and health programs from ArcelorMittal, Celsa, Essar Steel, Gerdau, Tata Steel and Ternium.
worldsteel Announces Winners of the 5th Steelie Awards
07 October 2014 - The World Steel Association (worldsteel) hosted its fifth Steelie Awards ceremony and announced the winners at the annual dinner of the 48th worldsteel conference in Moscow on 6 October 2014. The trophies, known as Steelies, were awarded in seven categories this year.
ArcelorMittal and Gerdau Agree to Sell Gallatin Steel Facility for US$770 Million
15 September 2014 - ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Co. to Nucor Corp. for a total cash consideration of US$770 million, subject to customary closing adjustments.
Gerdau Completes Construction of Vacuum Degasser at Michigan Mill
04 August 2014 - Gerdau’s capital improvement projects at its special steel producing mill in Monroe, Mich., are making progress. In May 2014, the global steel company completed construction and start-up of its new twin tank vacuum degassing system, which was supplied by Danieli.
Gerdau Sees Continued Demand Growth in North America
01 August 2014 - Gerdau's net revenue reached R$10.4 billion (US$4.6 billion) in the second quarter of 2014, an increase of 5.7% over the same period last year. This expansion was due especially to the continued growth in demand for steel in North America, which is one of Gerdau's main markets.
Gerdau Steel Appoints New Managing Director
26 June 2014 - Gerdau Steel India Ltd has appointed Sridhar Krishnamoorthy as Managing Director with immediate effect.
