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    Long Products

    October 28, 2026

    Gerdau's N. American ops log higher profits, shipments

    Written by Ethan Bernard

    Brazilian steelmaker Gerdau’s North American operations posted higher profits in the third quarter as shipments increased.

    The company’s North American operations posted adjusted EBITDA of 2,912 million reais (USD$567 million) in the third quarter ended Sept. 30, up 60% from R$1,820 million a year earlier. Net sales rose 14% to R$10,512 million in the same period.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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