Gerdau is Brazil's largest steel producer, one of the leading producers of long steel in the Americas and of special steel in the world. In Brazil, it also produces flat steel and iron ore for its own consumption. In January this year, it completes 120 years of a history marked by strength, contribution to development and legacy for a society in constant evolution. Guided by its proposition to empower people who build the future, the company is present in 10 countries and has over 30,000 direct and indirect employees in its operations. Gerdau is the largest recycling company in Latin America and uses scrap as an important input: 73% of the steel it produces comes from scrap. Every year, Gerdau transforms 11 million tonnes of scrap into a variety of steel products. Gerdau’s shares are listed on the São Paulo (B3), New York (NYSE) and Madrid (Latibex) stock exchanges.