Gerdau, a publicly owned company founded in 1901 and headquartered in Brazil, is the largest producer of long steel in the Americas. Employing approximately 20,450 people, its operations encompass mining and steel production across multiple countries including Brazil, Argentina, Canada, Colombia, the Dominican Republic, Mexico, Peru, the United States, Uruguay, and Venezuela.
On September 15, 2025, employees at the Pindamonhangaba facility in São Paulo began strike action following an announcement of 400 layoffs and the cessation of cylinder production by year-end. The steel industry faces challenges, including rising imports, underutilized capacity, and global trade barriers. André B. Gerdau Johannpeter, chairman, described the sector as facing an existential crisis. Separately, Andre Bir Gerdau Johannpeter, co-vice president, warned of a severe threat to Brazil's industrial supply chain from steel imports. Gerdau is scheduled to release its third-quarter 2025 earnings on October 30, 2025, with Wall Street projecting $0.57 in adjusted earnings per share and $3.37 billion in revenue.
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