$16.94 -0.08 (-0.47%)
12/3/2009 4:01 PM

Gerdau S.A. (ADR) (GGB)

CAPS Rating: 4 out of 5

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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Member Avatar brightsideLP (99.09) Submitted: 12/15/2008 3:16:26 PM : Outperform Start Price: $6.89 GGB Score: +12.32

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.

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