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.
Metal prices are projected to fall by 8% in 2023, and a further 3% in 2024, according to World Bank's latest Commodity Markets Outlook report. In the first quarter of 2023, the bank’s metals and minerals price index rose 10%, reflecting optimism...
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