Gerdau posts slight core earnings beat as US revenue rises
Gerdau is Brazil's largest steelmaker by market capitalization and the owner of mills across the Americas.
Iron ore continued this week’s sharp rally and is now back above $70 a tonne, a level not seen since April 11. Ore with 62% content in Qingdao climbed 2% to $70.24 a tonne, according to the Metal Bulletin. It means that since...
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