GERDAU S.A. - FORM 20-F

GERDAU S.A., a major player in the steel industry, recently announced the filing of its Form 20-F for the fiscal year ending December 31, 2025. The document has been submitted to both the U.S. Securities and Exchange Commission (SEC) and the Brazilian Securities and Exchange Commission (CVM), marking an important regulatory milestone for the company. Investors and stakeholders can access the Form 20-F on the SEC's website at http://sec.gov and the CVM's site at http://cvm.gov.br. Additionally, the report is available on Gerdau's Investor Relations website at https://ri.gerdau.com/en/.

The Form 20-F is a critical financial document that provides comprehensive information about Gerdau’s business operations, financial performance, risks, and management, specifically tailored for American investors. It outlines Gerdau’s strategies, operational metrics, and outlook, offering insights into its performance in the global market. Gerdau, listed on both the NYSE (trading under ticker GGB) and Brazil’s B3 (GGBR3 and GGBR4), continues to be a significant player in steel production, with a strong focus on sustainability and innovation.

Shareholders interested in obtaining a physical copy of the Form 20-F can reach out to the Investor Relations team via email at inform@gerdau.com.br. This disclosure further solidifies Gerdau’s commitment to transparency and communication with its investors, reflecting its ongoing efforts to maintain strong corporate governance and accountability. As the steel industry evolves, Gerdau's strategic foresight and operational resilience will be crucial in navigating challenges and capitalizing on growth opportunities.

As of March 2026, Gerdau S.A. (NYSE: GGB) continues to be a noteworthy player in the global steel market, particularly given the ongoing recovery in construction and manufacturing sectors. A recent analysis of their Form 20-F indicates healthy performance metrics which can provide critical insight for prospective and current investors.

In the fiscal year ended December 31, 2025, Gerdau showcased resilience with a solid revenue growth attributed to increased demand in various sectors, including infrastructure and industrial facilities. Their diversification strategy, focusing not only on steel but also on specialty products, positions them well against cyclical downturns.

One significant point to note is the company’s efforts in sustainability, with ongoing investments in green technologies and processes. This aligns with global trends towards lower carbon emissions, a key factor given the increasing regulatory pressures and shifts in investor preferences towards greener portfolios. Gerdau’s commitment to sustainability may enhance its competitive edge and can appeal to socially responsible investors.

Moreover, the recent financials point to an increase in net income margins, suggesting effective cost management and operational efficiencies. The company's ability to navigate supply chain challenges, especially in raw materials, has proven to be a catalyst for profitability.

However, potential investors should remain cautious of external market risks such as fluctuations in steel prices and geopolitical tensions that could affect raw material supply. It is advisable to keep a close watch on Gerdau's quarterly performance and macroeconomic indicators affecting the steel industry.

In conclusion, Gerdau S.A. exhibits a promising investment case with its strategic positioning and healthy financials. Investors should consider taking a long-term position, factoring in market volatility and Gerdau's ongoing efforts towards sustainable growth. Regular monitoring of their performance and industry trends will be vital in making informed investment decisions.