Brazilian group Gerdau reported consolidated net profits equivalent to US$203.485 million for the first quarter of 2026, up 32 percent from the same period in 2025.
Although net sales fell 3.8 percent to $3.356 billion and production costs fell 6.5 percent to $2.895 billion, gross profit increased 17.8 percent to
By volume, steel production rose to 3.149 million tons, up 5.5 percent, while sales of steel products fell 1.6 percent to 2.811 million tons
Excluding first-quarter 2026 exceptions, Brazil accounted for 20.3 percent of group EBITDA, 49.0 percent of steel shipments and 41.3 percent of net sales By comparison, North America accounted for 79.1 percent of EBITDA, 43.9 percent of steel shipments and 54.3 percent of net sales. South America accounted for 6.9 percent of EBITDA, 10.5 percent of steel shipments and 0.7 percent of net sales
.
