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Brazil's Ailing Economy Keeps Gerdau Under The Weather

2015-05-16 15:20:13| Steel - Topix.net

Gerdau is taking steps to improve its long-term profitability, but imports, currency, and negative operating leverage threaten near-term results. A fair value range of $4.50 to $5.50 seems reasonable under present circumstances, but there's a real risk of conditions getting worse before they get better.

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