Improved Safety and Health Performance
Achieved an accident frequency rate of 0.61, reaffirming the company's commitment to health and safety.
IRMA Standard Recognition
Miguel Burnier iron ore mine received IRMA Standard recognition, joining an exclusive group of 11 mines worldwide.
Expansion of Hot Rolled Coil Production
Increased production capacity in Ouro Branco, enhancing product offerings in the Brazilian market.
Strong Performance in North America
Adjusted EBITDA was BRL2.4 billion with net income of BRL758 million, supported by higher volumes and better prices in North America.
Successful Capital Allocation
Executed 44% of Gerdau S.A.'s share buyback program, investing BRL444 million, reflecting a payout of 74% of net income.