Detail akcie Gerdau Depository Receipt online

Business Summary: Gerdau SA is a Brazil-based manufacturer of steel products. The Company is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Colombia, the United States, Mexico, Peru, the Dominican Republic, Uruguay and Venezuela. The Firm’s product portfolio includes crude steel; finished products for the construction industry, such as rebar, wire-rods, structural shapes, hot-rolled coils and heavy plates; finished industrial products, such as commercial rolled-steel bars, light profiles and wires; agricultural products, such as stakes, smooth wire and barbed-wire; and special steel items. The Company’s activities include also operations of iron ore mines located in the state of Minas Gerais.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Gerdau SA (ADR) revenues decreased 16% to R$68.92B. Net income decreased 34% to R$7.5B. Revenues reflect Unit Brazil segment decrease of 19% to R$26.83B, Unit North America segment decrease of 14% to R$26.86B, Unit Special Steel segment decrease of 16% to R$11.39B, Brazil segment decrease of 24% to R$27.73B, North America segment decrease of 12% to R$33.18B.