Gerdau’s sales, Brazil shipments up in quarter

Aug 02, 2012 | 03:58 PM | Juan Weik

Tags  steelmaker, Gerdau, steel shipments, earnings results, specialty steel, Juan Weik

SÃO PAULO, Brazil — Brazilian steelmaker Gerdau SA recorded a year-on-year increase in second-quarter net sales as all of its operations reported increased revenue, and shipments in its home country gained.

Revenue totaled 9.97 billion reais ($4.85 billion) in the April-to-June quarter, up from 9.01 billion reais in the corresponding 2011 period. ....

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