Gerdau Long Steel North America
Gerdau Long Steel North America is a leader in mini-mill steel production and steel recycling in North America, with an annual manufacturing capacity of approximately 10 million metric tons of mill finished steel products. Through a vertically integrated network of mini-mills, scrap recycling facilities and downstream operations, the company serves customers throughout the U.S. and Canada, offering a diverse and balanced product mix of merchant steel, rebar, structural shapes, fabricated steel, flat rolled steel and wire rod.
Latest News
Gerdau Ameristeel Steelworkers Ratify Labor Agreement in Cambridge
20 May 2005 - Gerdau Ameristeel Corp. has reached agreement on a four-year contract with the United Steelworkers Local 8918 members at its steel mill in Cambridge, Ont.
Gerdau Ameristeel Announces 1st Quarter Results
04 May 2005 - Gerdau Ameristeel Corp. reported net income of $78.6 million* on net sales of $1.0 billion for the three months ended March 31, 2005.
Gerdau Ameristeel to Recycle Scrap Tires Using Stebbing Process
04 May 2005 - Gerdau Ameristeel Corp. has acquired a non-exclusive license to use the patented Stebbing Engineering Scrap Tire Process in its steel minimills.
CCR Technologies Completes Caster Upgrade at Nucor Auburn
13 April 2005 - CCR Technologies Inc. recently completed modernization of Nucor Steel Auburn’s continuous billet caster. CCR’s scope of supply comprised all equipment beyond the CCR straighteners.
SMS Demag to Supply Bloom/Beam Blank Caster for Gerdau Acominas
01 April 2005 - Gerdau Açominas, Brazil, has awarded a contract to SMS Demag Inc., Pittsburgh, and SMS Demag Ltda., Brazil, to supply a combination bloom/beam blank casting machine, ladle rinsing station and water treatment facility.
Gerdau Ameristeel Announces New Vice President and General Counsel
16 February 2005 - Gerdau Ameristeel Corp. announced that Robert E. Lewis has joined Gerdau Ameristeel as Vice President and General Counsel. Mr. Lewis will also serve as Corporate Secretary for the company’s Board of Directors.
Gerdau Ameristeel Announces 2004 Results
02 February 2005 - Gerdau Ameristeel Corp. reported net income of $66.4 million on net sales of $849 million for the fourth quarter, and net income of $337.7 million on net sales of $3.0 billion for the full year ended December 31, 2004.
Danieli to Upgrade Gerdau Ameristeel Finishing Facilities at Whitby, Cartersville
18 January 2005 - Gerdau Ameristeel Corp. recently awarded Danieli Morgårdshammar contracts to upgrade and modernize its Whitby, Ont., and Cartersville, Ga., facilities.
Gerdau Ameristeel Underwriters Exercise Over-Allotment Option
19 November 2004 - Gerdau Ameristeel Corp. announced that underwriters of the company’s recent public offering of common shares have exercised their over-allotment option to purchase an additional 4,381,000 common shares of Gerdau Ameristeel at the initial public offering price of Cdn. $5.90 per share.
Gerdau Ameristeel Announces 3rd Quarter Results
03 November 2004 - Gerdau Ameristeel Corp. reported net income of $144.3 million on net sales of $807.9 million for the quarter, and net income of $271.3 million on net sales of $2.2 billion for the nine months ended September 30, 2003.
Gerdau Ameristeel Closes North Star Steel Acquisition
02 November 2004 - Gerdau Ameristeel Corp. has completed its acquisition of the North Star Steel assets from Cargill, Inc. The deal includes the fixed assets and working capital of four long steel product minimills in St. Paul, Minn.; Wilton, Iowa; Calvert City, Ky.; and Beaumont, Texas; three wire rod processing facilities in Beaumont, Texas; Carrollton, Texas; and Memphis, Tenn.; and a grinding ball facility in Duluth, Minn. Integration of these operations will provide Gerdau Ameristeel's customers with expanded geographical coverage and a broader range of products.
Gerdau Ameristeel to Purchase Gate City Steel and RJ Rebar
29 October 2004 - Gerdau Ameristeel has entered into an agreement to purchase substantially all the assets of Gate City Steel, Inc. and RJ Rebar, Inc., headquartered in Indianapolis, Ind.
Gerdau Ameristeel Closes Offering of 70,000,000 Common Shares
21 October 2004 - Gerdau Ameristeel Corp. announced completion of its offering of 70 million common shares.
Gerdau Ameristeel Prices Offering of Common Shares
18 October 2004 - Gerdau Ameristeel Corp. announced that its registration statement has become effective under the U.S. Securities Act of 1933 and that it has obtained a receipt for a final prospectus from Canadian securities regulatory authorities in connection with its offering of 70 million common shares.
Gerdau Ameristeel Files Prospectus for Share Offering
06 October 2004 - Gerdau Ameristeel Corp. has filed a preliminary short form prospectus with the securities regulatory authorities in all provinces and territories of Canada, and a registration statement on Form F-10 with the United States Securities and Exchange Commission, for a proposed offering in the United States and Canada of 70 million of its common shares.
Gerdau AmeriSteel to Install JetBOx Technology on Consteel EAF
05 October 2004 - Gerdau AmeriSteel has awarded a contract to Process Technology International, Inc. (PTI) to install PTI’s patented JetBOx™ system on the 75-ton Consteel AC EAF at the company’s Charlotte, N.C., mill.
Gerdau Ameristeel to Acquire North Star Steel Assets
10 September 2004 - Gerdau Ameristeel Corp. announced that its U.S. operating subsidiary, Gerdau Ameristeel US Inc., has entered into definitive agreements with Cargill, Inc. to purchase the fixed assets and working capital of North Star Steel for $266 million in cash. The purchase price is subject to adjustment for working capital fluctuations prior to the closing date.
Gerdau Ameristeel Appoints Raw Materials Vice President
18 August 2004 - Gerdau Ameristeel Corp. recently announced the appointment of Matthew Yeatman as Vice President—Raw Materials.
Gerdau Ameristeel Announces 2nd Quarter Results
04 August 2004 - Gerdau Ameristeel Corp. reported net income of $105.5 million on net sales of $733.8 million for the quarter, and net income of $127.0 million on net sales of $1,352.7 million for the six months ended June 30, 2004.
Gerdau Ameristeel Appoints Chief Operating Officer
27 July 2004 - Gerdau Ameristeel Corp. announced the appointment of Andre Johannpeter as Chief Operating Officer. In his new position, Mr. Johannpeter will be responsible for all North American consolidated steel manufacturing and commercial operations, as well as raw materials procurement.
