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.
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