Gerdau, a publicly owned company headquartered in Brazil, was founded in 1901 and employs approximately 20,450 individuals. The company's primary activity is mining, and it is recognized as the largest producer of long steel in the Americas, operating steel mills across Brazil, Argentina, Canada, Colombia, Dominican Republic, Mexico, Peru, United States, Uruguay, and Venezuela.
Gerdau (NYSE: GGB) is expected to announce its fourth-quarter 2025 results after market close on Monday, February 23rd, with analysts forecasting earnings of $0.11 per share and revenue of $3.1167 billion. Previously, on February 17, the Gerdau Ball Grinding Factory in Duluth, Minnesota, was highlighted as a significant global producer of high-demand steel grinding balls for the mining industry. This followed a report from February 17 indicating that Brazil's heavy plate exports, which included 16,000 metric tons from Gerdau, fell to 16,500 metric tons in January 2026 from 30,700 metric tons in December 2025. The decline primarily reflected the absence of exports to Pakistan, a destination for 14,500 metric tons in December 2025. Earlier, on February 2, Gerdau resumed operations at its Maracanaú plant in Ceará, northeastern Brazil, following a modernization process that cost approximately R$200 million.
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