Industry News

Brazil steelmaker Gerdau Q3 net profit slips on cost pressures

Views : 149
Update time : 2022-11-09 21:09:44

Brazilian steelmaker Gerdau SA (GGBR4.SA) on Wednesday reported that its quarterly adjusted net profit fell by about a third on a yearly basis, as lower global steel prices and rising input costs take their toll on the industry.

Reporting by Gabriel Araujo; Editing by Steven Grattan
Related News
Read More >>
Trump’s Tariffs Send U.S. Aluminum Prices to Record Highs Trump’s Tariffs Send U.S. Aluminum Prices to Record Highs
Nov .14.2025
Trump’s Tariffs Send U.S. Aluminum Prices to Record Highs
China’s Surplus Steel Heads South: Latin Markets Become The Pressure Valve China’s Surplus Steel Heads South: Latin Markets Become The Pressure Valve
Nov .14.2025
China’s Surplus Steel Heads South: Latin Markets Become The Pressure Valve
Alba secures aluminum supply chain through tri-party deal Alba secures aluminum supply chain through tri-party deal
Nov .14.2025
Alba secures aluminum supply chain through tri-party deal
Thailand extends AD duties on China's cold-rolled stainless steel Thailand extends AD duties on China's cold-rolled stainless steel
Nov .14.2025
Thailand extends AD duties on China's cold-rolled stainless steel