Gerdau(GGB) - 2023 Q3 - Earnings Call Transcript

Now moving to the next slide, I will now talk about our special steel business operation. The automotive market in the U.S. continues to perform well, with the production of light and heavy vehicles reaching 15,332,000 units respectively, still below historical levels. In addition, the oil and gas segment remains resilient, with rig counts stable when compared to the previous period. In turn, the outlook for the special steel market in Brazil continues to be influenced by uncertainties linked to access to c ...