Gerdau S.A. (GGB) Boosts Green Steel Production with New $400M Hot-Rolled Coil Line in Brazil

We recently compiled a list of the 10 Best Low Cost Stocks To Buy Under $50. Gerdau S.A. stands eighth on our list.

Gerdau S.A. (NYSE:GGB) is Brazil’s largest steel producer and a major global supplier of long and special steels, with operations in seven countries and over 30,000 employees. With more than 120 years of history, the company serves industries such as construction, automotive, energy, and machinery, and is Latin America’s largest recycler, producing around 70% of its steel from scrap. It is also among the cheap stocks to buy for investors seeking exposure to industrials and sustainability.

In recent years, Gerdau S.A. (NYSE:GGB) has ramped up investment in green steel and advanced technologies. In March 2025, the corporation inaugurated a new hot-rolled coil line at its Ouro Branco facility in Brazil, aiming to increase competitiveness in high-value steels and add R$400 million to its annual EBITDA. It is also studying the feasibility of building a special steel unit in Mexico to serve the fast-growing automotive market, using scrap-based, low-carbon production.

Gerdau S.A. (NYSE:GGB)’s North American operations are central to its global strategy, marked by a record order backlog in Q1 2025 and the completion of a cutting-edge steel heat treatment facility in Texas. This plant supports renewable energy sectors and produces extra-long, heat-treated bars used in wind energy and infrastructure.

Sustainability remains a core focus. The business earned international recognition for environmental and social initiatives, improved water management, and received B Corp Certification in North America, strengthening its position as a sustainability leader in the steel industry.

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