Gerdau's Sales, Income Jump in First Quarter

June 2008
Metal Center News;Jun2008, Vol. 48 Issue 7, p87
Trade Publication
The article reports on the increase in sales and income of Gerdau Ameristeel Corp. for the first quarter of 2008 in Tampa, Florida. The firm has reported a 22.1 percent in its net income, reaching $163 million and the net sales of $2 billion. It has also recorded a 25.5 percent growth in its finished steel shipments. The increase is attributed to rising steel prices.


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