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$12.24 -0.95 (-7.20%)
9/4/2008 4:04 PM

Gerdau Ameristeel Corp (USA) (GNA)

CAPS Rating:
****

The Company is a producer of long steel products in Brazil, Chile, Colombia, Uruguay, Argentina, Spain and, through Gerdau Ameristeel, Canada and the United States.

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Avatar godzilla74 (< 20) Submitted: 5/21/08 3:09 PM : Outperform Start Price: $17.75 GNA Score: -19.94

Steel is a hot commodity right now, mainly because iron ore is going like hot cakes! It makes sense to hook up with a company that is one of the largest N.A. recyclers of scrap steel and one of the top 5 producers of the product in N.A. with global influence to boot. Asia & S.A. are two huge, developing countries!

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