Business Recorder - World https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 21:01:39 +0500 Thu, 13 Aug 2026 21:01:39 +0500 60 Brazil's Gerdau posts Q4 profit of $252 million https://www.brecorder.com/news/5518/brazils-gerdau-posts-q4-profit-of-252-million <p><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/mar/gerdau.jpg" width="400" height="116" /></p> <p class="MsoPlainText">SAO PAULO: Brazilian steelmaker Gerdau posted on Thursday fourth-quarter net income of 219.7 million reais ($252 million), down from 643.5 million reais in the same period of 2009.</p> <p class="MsoPlainText">Gerdau, Brazil's largest maker of steel products for the construction industry, was expected to earn 222.5 million reais in the quarter, according to the average estimate of seven analysts in a Reuters survey.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p>

SAO PAULO: Brazilian steelmaker Gerdau posted on Thursday fourth-quarter net income of 219.7 million reais ($252 million), down from 643.5 million reais in the same period of 2009.

Gerdau, Brazil's largest maker of steel products for the construction industry, was expected to earn 222.5 million reais in the quarter, according to the average estimate of seven analysts in a Reuters survey.

Copyright Reuters, 2011

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