$10.44
0.09 (+0.87%)
Gerdau S.A. (ADR) (NYSE:GGB)
CAPS Rating:
The Company focuses on the decentralized production of long steel using electric arc furnace mini-mills and integrated mills with blast furnaces and continuous casting technology being used in both processes.
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My only long steel play.
Attractive valuation. I like the area (location) of production.
The debt is manage-able
Global increase in Gov't spending on infrastructure will add demand and create at least a short term increase to this business.