Brazil’s Gerdau Posts Flat Q4 Profit as U.S. Offsets Domestic Slump
3 Key Points –Adjusted net income of R$ 670 million ($130 million) was essentially flat year-over-year but 17.6% below the R$ 813 million consensus estimate, dragged by a challenging Brazilian market. –North America contributed 72.8% of consolidated EBITDA in Q4, with steel sales up 14% year-over-year, anchored by Section 232 trade protection and robust non-residential […]
Black News 
3 Key Points –Adjusted net income of R$ 670 million ($130 million) was essentially flat year-over-year but 17.6% below the R$ 813 million consensus estimate, dragged by a challenging Brazilian market. –North America contributed 72.8% of consolidated EBITDA in Q4, with steel sales up 14% year-over-year, anchored by Section 232 trade protection and robust non-residential […]
