The specialty steel sector is one of the Gerdau Group’s main focuses. The aim is for the Group to continue seeking out new business opportunities in this area, positioning itself geographically so as to better meet the demands of the automotive sector and other interconnected global industries. To this end, the Gerdau Group acquired a 40% stake in the Spanish firm Sidenor in 2006. In turn, Sidenor has recently acquired 100% of GSB Acero, also of Spain.

Total production capacity for specialty steel grew in 2006 from 500,000 to more than 1 million metric tons per year. The Gerdau Group is currently market leader in Latin America and Spain, with a significant share in Europe.

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