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The
largest producer of long steel in the Americas, the
Gerdau Group started on its course more than a century
ago. From Brazil, it expanded its base to Uruguay, Canada,
Chile, Argentina and the United States and, in 2002,
reached a net profit of R$.821.million,
49% higher than in the previous year.
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The
Group’s businesses, divided into geographic regions
and product lines, service the civil construction, industrial
and agricultural sectors. Exported to all parts of the world,
Gerdau steel has endless applications. It is part of the structure
of bridges, overpasses, roads, hydroelectric plants, office
buildings and houses. It is used in the manufacturing of agricultural
machinery, steel structures, components for the automotive
industry, power transmission lines and telephone networks,
among others. It also meets the needs of agriculture in the
form of fencing wire and accessories.
With
a market strategy aimed at achieving the highest levels of
economic efficiency, the Group has developed advanced technologies
and logistics for steel management. It operates steel mills,
service centers, downstream operations and distribution networks
strategically located at major centers of steel consumption.
It
seeks constant improvement in its corporate governance practices
and is present at important financial centers through three
listed companies: the operating company Gerdau S.A., the holding
company Metalúrgica Gerdau S.A. and the North American
subsidiary, Gerdau AmeriSteel Corporation. Its shares are
traded daily on the São Paulo, New York, Toronto and
Madrid (Latibex) Stock Exchanges.
The
Gerdau Group follows the principles of social responsibility
and believes that the development of a company is directly
linked to the growth of the communities in which it operates.
Within this vision, it has built a corporate culture based
on ethical values towards people and the environment.
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