GERDAU SA ADS GGB (NYSE) $ 5.57 Change: -0.26 -4.67% | Volume: 6,399,929
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Headlines on GGB

Ahead of the Bell: Steel prices heading down

(NEW YORK)Steel prices may fall next year because of weakening demand and lower iron ore and coking coal costs, an analyst warned Monday. Goldman Sachs analyst Sal Tharani said a stronger do...READ MORE
Nov 17, 2008 9:35AM
Keywords: STLD, NUE, X, CMC, WOR, TKR, GNA, GGB, AKS, CRS, SCHN, ROCK

Earnings roundup: Ambac, SkyWest

Among the earnings stories for Wednesday, Nov. 5, from AP Financial Desk News: NEW YORK (AP)--Bond insurer Ambac Financial Group Inc. said its third-quarter loss widened sharply as...READ MORE
Nov 05, 2008 12:16PM
Keywords: ABK, SKYW, UFS, CTSH, PCS, GGB

Sector Snap: Shares of steel producers falling

(NEW YORK)Shares of steel producers were mostly lower Friday as the broader market followed global stocks lower and automakers on both sides of the Atlantic disclosed fresh woes.READ MORE
Oct 24, 2008 3:05PM
Keywords: DAI, GM, TKR, X, AKS, NUE, CMC, GNA, GGB, STLD, CRS, SCHN, MT, PKX

Sector Snap: Steel off on lower price expectations

(NEW YORK)Shares of steel makers tumbled Wednesday amid expectations that demand for their products will fall in Europe and North America. Goldman Sachs analyst Sal Tharani, in a client note...READ MORE
Oct 22, 2008 11:41AM
Keywords: X, NUE, STLD, AKS, TKR, CMC, GNA, GGB, CRS, SCHN, MT, PKX

Sector Snap: Steel producers' shares retreat

(NEW YORK)Steel producer shares sank Wednesday on fresh evidence of slowing U.S. manufacturing and an analyst's prediction of subdued demand for the rest of the year.READ MORE
Oct 01, 2008 11:43AM
Keywords: X, STLD, NUE, TKR, CMC, GNA, GGB, AKS, AMN, CRS, ZEUS, GSI, SCHN, IDSA, MT, MTL, PKX

Brazil's Vale to spend $479 million on Peru mine

(LIMA, Peru)Brazilian mining company Vale broke ground Friday on a US$479 million phosphate mine in Peru, becoming the second Brazilian company to announce a major investment there this week.READ MORE
Sep 05, 2008 7:39PM
Keywords: GGB

Brazil steel company invests $1.4 billion in Peru

(LIMA, Peru)Brazilian steel company Gerdau S.A. will invest US$1.4 billion in its Peruvian subsidiary, an effort to transform Peru into a regional steel powerhouse that can profit from Brazil'...READ MORE
Sep 01, 2008 3:06PM
Keywords: GGB


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