Gerdau
| Company type | Sociedade Anônima |
|---|---|
| B3: GGBR3, GGBR4 NYSE: GGB BMAD: XGGB Ibovespa Component | |
| Industry | Ferrous metallurgy |
| Founded | January 16, 1901 |
| Founder | João Gerdau |
| Headquarters | Porto Alegre, RS, Brazil |
Key people | Guilherme Chagas Gerdau Johannpeter, Chairman André Bier Gerdau Johannpeter, co-Vice Chairman Claudio Johannpeter, co-Vice Chairman Gustavo Werneck da Cunha, CEO |
| Products | Long steel, specialty steel, flat steel, and other steel products |
| Revenue | R$68.916 billion (2023) |
| R$7.536 billion (2023) | |
| Total assets | R$74.885 billion (2023) |
| Total equity | R$49.238 billion (2023) |
Number of employees | 27,371 (2023) |
| Website | www2 |
| Footnotes / references | |
Gerdau S.A. is the largest producer of long steel in the Americas, and the 33rd largest steelmaker worldwide, with approximately 13 million tons of production in 2023. Gerdau uses mini mills, integrated mills, and direct reduced iron plants; 71% of the steel manufactured by the company is made from recycled scrap. In 2023, 39% of sales were to Brazil and 39% of sales were to North America.
Substantially all of the common shares of the company are owned by Jorge Gerdau Johannpeter and his family; however, non-voting preferred shares, representing a minority interest in the company, are publicly-traded.