Company News - Gerdau [more headlines]

Resident: Landfill expansion falls through the cracks - Oshawa Express
Tue, 11 Jun 2013 20:40:30 +0100
Local resident Rosemary McConkey was the lone delegate to speak at Regional council about a landfill expansion near Lake Ontario at the Gerdau Ameristeel Recycling facility in Whitby, close to the Oshawa border. She says while her voice may have been ...


'Frac pipe' poses new threat to steel mills - American ...
Sat, 08 Jun 2013 05:16:21 +0100
based Gerdau Long Steel North America's mill in Midlothian dropped a charge of scrap into its furnace, the mill said in an April 26 letter to suppliers. “The explosion was so powerful the windows were blown out of the charging crane. Luckily, no one ...


Gerdau: Not Consuming Enough Steel; Monthly Price Index Drops ...
Wed, 05 Jun 2013 12:37:00 +0100
Unless and until we see a pickup in China steel demand, we believe steel prices will remain flat or possibly still decline a bit, though it appears as though domestic steel scrap prices have stabilized, said Lisa Reisman, managing editor of MetalMiner.


Gerdau holds published beam prices - American Metal Market
Tue, 04 Jun 2013 23:20:57 +0100
LOS ANGELES — Gerdau Long Steel North America has kicked off an expected attempt by beam producers to hold published prices at their current levels even as market participants report tepid demand and signs that discounting has become even more ...


Gerdau S.A. Given Neutral Rating at Zacks (GGB) - The Utah People's ...
Thu, 30 May 2013 12:21:11 +0100
Zacks' analyst wrote, “Gerdau reported disappointing results for the first quarter 2013 as net income plummeted 60% year over year. Revenue decreased following weakness in North American operations and Specialty Steel business. Rise in cost of sales ...


Short-term Underperformance Detected in Shares of Cliffs Natural ...
Thu, 30 May 2013 05:53:40 +0100
Cliffs Natural Resources (NYSE:CLF) ranks first with a loss of 5.78%; Gerdau (NYSE:GGB) ranks second with a loss of 3.05%; and U.S. Steel (NYSE:X) ranks third with a loss of 2.27%. Vale (NASDAQ:VALE) follows with a loss of 2.04% and Commercial Metals (NYSE ...


Neutral Rec Maintained on Gerdau - Zacks.com
Wed, 29 May 2013 17:21:10 +0100
Long-term growth prospects of Gerdau are quite remarkable. The company has as many as 88 commercial branches in Brazil and 59 steel producing units worldwide. Presently, Gerdau is the second largest long steel producer in the world and the largest in ...


Steel for bridge made to spec: Gerdau - American Metal Market
Wed, 22 May 2013 21:12:54 +0100
LOS ANGELES — Gerdau Long Steel North America says that the steel it produced to create anchor rods for the San Francisco-Oakland Bay Bridge that have since failed met the specifications "it was ordered to." A spokesman for San Francisco's ...


Gerdau adding 40 jobs in Knox County - Knoxville News Sentinel
Mon, 20 May 2013 16:40:38 +0100
WBIR-TV - The new facility will have a capacity of about 120,000 tons of finished steel per year, and the expansion represents a multi-million-dollar investment by Gerdau. Brice Wager, Gerdau's general manager, cited assistance from the state and county, saying ...


Steel company expands in Knoxville, adds 40 new jobs - WBIR-TV
Mon, 20 May 2013 16:14:39 +0100
WBIR-TV - On Monday, state officials joined representatives from Gerdau to announce they were adding a facility in the WestBridge Business Park where workers will take steel rebar manufactured at the current Lonsdale mill and apply finishing services for ...


Brazil's Gerdau Aims for Lower Debt Levels by Year-End - Fox ...
Tue, 07 May 2013 17:54:43 +0100
Brazilian steel maker Gerdau SA (GGB, GGBR4.BR) expects its debt levels to improve toward the end of the year amid better operating performance and stronger cash generation, company executives said Tuesday. Gerdau's net debt rose to 13.11 billion ...


Gerdau to open regional office in Irving - Dallas Business Journal
Mon, 06 May 2013 21:42:12 +0100
based Gerdau, an affiliate of Gerdau Ameristeel Corp. (NYSE: GNA), plans to open a southwest regional office at 114 Business Center at 6440 N. Belt Line Road in Irving. The company — which operates reinforcing steel plants in Farmersville in Collin ...


Today's Technical View on United States Steel, Gerdau, Commercial ...
Mon, 08 Apr 2013 13:33:31 +0100
Our research team analyzed the Basic Material sector and tracked the performance of major companies like United States Steel Corporation (NYSE: X), Gerdau SA (NYSE: GGB), Commercial Metals Company (NYSE: CMC) and Mechel OAO (NYSE: MTL) ...and more 


Gerdau S.A. (GGB) Declares Special Dividend of $0.01 - ...
Tue, 26 Feb 2013 23:53:31 GMT
The company has a market cap of $14.366 billion and a price-to-earnings ratio of 16.38. Gerdau S.A. (Gerdau) is a producer of long rolled steel. Gerdau operates steel mills that produce steel by direct iron-ore reduction (DRI) in blast furnaces and in ...


Companhia Siderurgica and Gerdau Under Review: ...
Fri, 08 Feb 2013 13:00:00 GMT
PR Newswire - LONDON, February 8, 2013 /PRNewswire/ --2012 was a tough year for the steel industry due to economic uncertainties. However, the improving global economic outlook suggests that the steel industry could ...