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Avenida Farrapos, 1811, Floresta 90220-005 Porto Alegre, Rio Grande do Sul, Brazil Tel. +55-51-3323-2000 Fax +55-51-3323-2222 |
Type: Public
On the web:
http://www.gerdau.com.br
Employees:
41,290
Employee growth: (13.9%)
Gerdau would like to nail down South America's steel industry. The company began making nails in 1901; now it's Brazil's largest producer of long-rolled steel. Part of the Gerdau Group and controlled by Metalúrgica Gerdau (which is controlled by the founding Gerdau Johannpeter family), Gerdau is also a leader in the manufacture of laminated steel products. The company produces around 20 million tons of long steel annually (with the capacity to produce 25 million) and sells its products, which include bars, billets, and wire rods, to customers such as auto parts makers, construction contractors, and agricultural companies. Gerdau has operations in 14 countries in the Americas, Europe, and Asia.
Key numbers for fiscal year ending December, 2010:
Sales: $18,792.0M
One year growth: 23.9%
Net income: $1,282.5M
Income growth: 123.4%
Officers:
Chairman: Jorge Gerdau Johannpeter
President, CEO and Director: André Bier Gerdau Johannpeter
COO and Director: Claudio Gerdau Johannpeter
Competitors:
ArcelorMittal Brasil
Siderúrgica Nacional
Usiminas
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