Brazil's Gerdau posts 4th-qtr loss of 3.17 bln reais

martes 15 de marzo de 2016 08:11 GYT
 

RIO DE JANEIRO, March 15 (Reuters) - Brazilian steelmaker Gerdau SA reported on Tuesday a non-adjusted net loss of 3.17 billion reais ($854 million) in the fourth quarter, driven by a steep recession in its domestic market and writedowns across its businesses. (Reporting by Stephen Eisenhammer)