Gerdau S.A.GGB
What Gerdau S.A. does.
The world steel industry is composed of hundreds of steel producing facilities and is divided into two major categories based on the production method utilized: integrated steel mills and non-integrated steel mills, sometimes referred to as “mini mills.” Integrated steel mills normally produce steel from iron oxide, which is extracted from iron ore melted in blast furnaces, and refine the iron into steel, mainly using basic oxygen furnaces or, more rarely, electric arc furnaces. Non-integrated steel mills produce steel by melting in electric arc furnaces scrap steel, which occasionally is complemented by other metals such as direct-reduced iron or hot-compressed iron. According to World Steel, in 2024 (the most recent year for which information is available), 29.3% of the total crude steel production in the world was through electric furnaces (non-integrated process), 70.5% was through basic oxygen furnaces (integrated process) and the remaining 0.3% in other processes.
Over the past 10 years, according to World Steel, total annual crude steel production has grown from 1,676 million tonnes in 2014 to 1,887 million tonnes in 2024, an increase of 12.6%.
The main factor responsible for the increase in the demand for steel products has been China. Since 1993, China has become the world’s largest steel market and currently consumes more than half as much as the rest of the world.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $43.8B | $78.3B | $82.4B | $68.9B | $67.0B | $69.9B |
| Net income | $2.4B | $15.5B | $11.4B | $7.5B | $4.6B | $1.4B |
| Free cash flow | $4.8B | $9.5B | $6.9B | $5.9B | $5.6B | $1.3B |
More on GGB.
- Gerdau S.A. summary
- Gerdau S.A. financial statements
- Gerdau S.A. key metrics
- Gerdau S.A. health scores and style box
- Gerdau S.A. earnings
- Gerdau S.A. dividends
- Gerdau S.A. valuation
- Gerdau S.A. ownership and insiders
- Gerdau S.A. peers
Figures from Gerdau S.A.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.