tiprankstipranks
Gerdau and Petrobras Forge Green Steel Path
Company Announcements

Gerdau and Petrobras Forge Green Steel Path

Gerdau SA (GGB) has released an update.

Don't Miss our Black Friday Offers:

Gerdau S.A. has entered into a non-binding two-year Memorandum of Understanding with Petrobras to explore joint opportunities in decarbonization projects and low carbon technologies, including hydrogen, CCUS, and cleaner steelmaking processes. Gerdau boasts a greenhouse gas emission rate that is half the global industry average and is aiming to further reduce its carbon footprint by 2031. The collaboration underscores the company’s commitment to advancing technologies that support the transition to a low carbon economy and the steel industry’s environmental sustainability.

For further insights into GGB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskGerdau S.A. Announces R$1.5 Billion Debenture Issuance
Catie PowersGerdau SA (GGB) Declares Q4 Dividend: Important Details for Shareholders
TipRanks Auto-Generated NewsdeskGerdau Reports Strong Q3 2024 Financial Performance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App