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Gerdau SA ADR Representing 1 Pref Shs GGB

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.


NYSE:GGB - Post by User

Post by kreebleon Apr 11, 2007 11:03am
386 Views
Post# 12585417

Outstanding international steel play

Outstanding international steel playI find few really well managed companies of this stature in South America, PBR and ERJ being other exceptions. This company is a modern steel maker, processing both ore and recycled steel that operates in Canada, Spain, Chile, the United States, Uruguay, Colombia and Argentina, with a recent acquisition in Mexico. With lots of cash, they are moving aggressively to become a major international player, and have proven the ability to manage a far flung empire. This stock will continue to expand operations and add shareholder value!
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