Gerdau Profit Rises 40% in Q3 on Strong North America Operations
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10:05:35 PM UTC
SquawkNews
Brazilian steelmaker Gerdau BMFBOVESPA:GGBR3 on Monday posted a nearly 40% increase in its third-quarter adjusted net profit when compared to a year earlier, driven by strong operations in North America, but missed market estimates.($1 = 5.4081 reais)