Gerdau S.A. Common Stock (GGB)
3.3300
+0.0800 (2.46%)
NYSE · Last Trade: Oct 19th, 7:40 AM EDT
China's iron ore demand has surged to unprecedented levels in 2025, defying some expectations and significantly reshaping global commodity markets. This robust appetite, driven by strategic infrastructure investments and seasonal stockpiling rather rather than the struggling property sector, has led to record import volumes. The immediate implications include heightened price
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Jim Cramer said Gerdau S.A. is a company that he doesn't really care for. "If you want steel, you do Nucor," he added.
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Dividend stocks yielding 6% are at the higher end of risk but these shares won't fail income investors anytime soon.
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GGB stock results show that Gerdau beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
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Gerdau SA (GGB) produces steel and steel products. Over the past year, Gerdau’s share price fell 8.35% from $4.67 to $4.28 as of Tuesday’s market close.
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