Gerdau
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| Company type | Sociedade Anônima |
|---|---|
| B3: GGBR3, GGBR4 NYSE: GGB BMAD: XGGB Ibovespa Component | |
| Industry | Steel |
| Founded | January 16, 1901 |
| Founder | João Gerdau |
Key people | Guilherme Chagas Gerdau Johannpeter (Chairman) André Bier Gerdau Johannpeter (co-Vice Chairman) Claudio Johannpeter (co-Vice Chairman) Gustavo Werneck da Cunha (CEO) |
| Products | Long steel, specialty steel, flat steel, and other steel products |
| Revenue | R$68.916 billion (2023) |
| R$7.536 billion (2023) | |
| Total assets | R$74.885 billion (2023) |
| Total equity | R$49.238 billion (2023) |
Number of employees | 27,371 (2023) |
| Website | www2 |
Gerdau S.A. is a Brazilian steel company based in Porto Alegre. It is one of the largest producers of long steel in the Americas. The company makes steel using mini mills, integrated mills, and direct reduced iron plants.[1]
Most of Gerdau's steel is made from recycled scrap. The company sells products in Brazil, North America, and other markets.
History
Gerdau was founded in 1901 by João Gerdau as a nail manufacturing business. Later, the company expanded into steel production. In 1948, it bought its first steel mill.[2]
In 1967, Gerdau acquired a mini mill in São Paulo. In 1969, it changed its name to Metalúrgica Gerdau S.A. The company became publicly traded in 1970.
During the 1980s and 1990s, Gerdau expanded in Brazil and abroad through several acquisitions. It entered Canada in 1989 and the United States in 1999. In the following years, it bought several steel assets in North America.[3][4]
In 2019, Gerdau formed Gerdau Graphene with the Graphene Engineering and Innovation Centre at the University of Manchester.[5] In 2024, the company sold assets in Colombia and the Dominican Republic. Later in 2024, it bought Dale's Recycling in the United States.[6] In 2025, it bought the minority interests in Gerdau Summit.[7]
References
- ↑ "Top steel-producing companies 2023/2022". WorldSteel.
- ↑ Dolan, Kerry A. (6 June 2013). "Keeping It In The Family". Forbes.
- ↑ Foggiatto, Jomar Leandro (2013). Análise da estratégia de internacionalização do Grupo Gerdau (PDF) (Thesis) (in Portuguese). Universidade Federal do Paraná.
O crescimento do Grupo se deveu basicamente à aquisição da Cia. Siderúrgica da Guanabara – COSIGUA e da L. Herzog Indústria e Comércio Ltda.
- ↑ "Companhia Siderúrgica da Guanabara – COSIGUA". Jornal do Commercio (in Portuguese). 22 March 1995. p. 11.
- ↑ "Gerdau Graphene and GEIC Proud to Partner for a Fifth Year" (Press release). University of Manchester. 12 September 2023.
- ↑ "Gerdau concludes sale of Metaldom to INICIA group". Steel Orbis. 2 February 2024.
- ↑ Benedito, Luana Maria (21 November 2024). Harvey, Jan (ed.). "Brazil's Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit". Reuters. São Paulo.
Other websites
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