Gerdau is Brazil's largest steel producer and one of the leading producers of long steel in the Americas and special steel worldwide. Founded 123 years ago in Porto Alegre, the company has evolved into a global steel manufacturing powerhouse with a strong focus on sustainability and innovation.
The company operates through multiple divisions, including long steel and special steel operations across the Americas. In North America alone, Gerdau operates 11 production units across the United States and Canada. The company's production matrix is notably sustainable, with over 70% of its steel produced from recycling metallic scrap, making it Latin America's largest recycler with 11 million tonnes recycled annually.
Gerdau's commitment to sustainability is evidenced by its various environmental initiatives, including maintaining one of the industry's lowest greenhouse gas emissions at 0.86t/CO₂e per tonne of steel, approximately half the global industry average. The company manages a forestry base of over 254,000 hectares in Minas Gerais, Brazil, with 91,000 hectares dedicated to biodiversity conservation.
The company has achieved significant financial performance, with recent figures showing adjusted EBITDA of R$13.5 billion in 2023. Gerdau is publicly traded, listed on both the B3 (Brazil) and the New York Stock Exchange (NYSE), where it has maintained a presence for 25 years.
In terms of innovation and expansion, Gerdau continues to invest in modernizing its facilities and exploring new markets. Recent developments include feasibility studies for a new special steel unit in Mexico and achieving B Corp™ Certification for its North American operations, demonstrating its commitment to social and environmental responsibility.