Gerdau SA (GGB) has released an update.
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Gerdau S.A. has successfully completed the acquisition of assets from Dales Recycling Partnership, expanding its footprint in the recycling of ferrous and non-ferrous scrap through its subsidiary, Gerdau Ameristeel US Inc. This strategic move is likely to enhance Gerdau’s capabilities in North America, appealing to investors interested in the company’s growth potential.
For further insights into GGB stock, check out TipRanks’ Stock Analysis page.