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Gerdau S.A. · Porto Alegre, Rio Grande do Sul Brazil ·(NYSE: GGB)(Sao Paulo: COGU)

Company Description

Avenida Farrapos, 1811 Floresta
Porto Alegre, Rio Grande do Sul
90220--005
Brazil (Map)
Phone: +55-51-3323-2000
Fax: +55-51-3323-2222
Rankings
  • #492 in FT Global 500
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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 15 million tons of long steel annually (with the capacity to produce 20 million) and sells its products, which include bars, billets, and wire rods, to customers such as auto parts makers, construction contractors, and agricultural companies. To read the full description, subscribe now.
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Key Gerdau S.A. Financials

Company TypePublic - NYSE: GGB - Sao Paulo: COGU

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$17,785.7
2008 Employees46,217

Gerdau S.A. Executives

19 executives listed for Gerdau S.A.'s Porto Alegre, Rio Grande do Sul location.
TitleName & BioContact
ChairmanJorge Gerdau JohannpeterNetwork
Vice ChairmanGermano Gerdau JohannpeterNetwork
Vice ChairmanKlaus Gerdau JohannpeterNetwork

Competition

Competitive Landscape for Gerdau S.A.
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
Top Gerdau S.A. Competitors
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