Gerdau reported 4Q25 adjusted EBITDA of R$2.4 billion, down 13% from 3Q25 but in line with 4Q24. The company approved R$4.7 billion in CAPEX for 2026 and declared a dividend of R$0.10 per share. Gerdau completed its 2025 share buyback program totaling R$1.0 billion and approved a new buyback program for up to 56.4 million shares.

Gerdau (GGB) surged 2.95% on February 11, 2026, as trading volume spiked to 63 million shares (286% above average) following a strong U.S. jobs report. The January jobs data showing 130,000 new jobs and 4.3% unemployment boosted cyclical stocks like steel producers, with investors anticipating increased construction demand and higher steel prices. Peer companies Nucor and Steel Dynamics also gained on the positive economic outlook.

Kawa Capital Management fully liquidated its $6.49 million position in Gerdau S.A. (2,094,404 shares) in Q4, reducing exposure from 11.8% to 0% of assets under management. This comes after Gerdau shares surged 47% over the past year, significantly outperforming the S&P 500's 14% gain. The fund's exit appears driven by portfolio risk management following the sharp rally, despite the company's strong fundamentals including steady cash generation, capital returns, and balance sheet strength.

Contrarian Capital Management acquired a new stake in Baidu, signaling the company's strategic transformation from a search engine to an AI-focused technology provider with promising developments in cloud services and AI models.

Gerdau S.A. has filed its Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission and the Brazilian Securities and Exchange Commission. The document is available on the company's Investor Relations website.

The global sustainable steel market is projected to grow at a CAGR of 8.52%, reaching $820.14 billion by 2034, driven by increasing demand for low-carbon construction materials, innovations in steel production technologies, and strategic partnerships in green infrastructure projects.

The metal recycling market is undergoing a significant transformation, driven by increasing environmental awareness and the growing demand for sustainable practices. Technological advancements, such as advanced sorting technologies and the application of AI and IoT, are making the industry more efficient and sustainable. The global metal recycling market is anticipated to reach USD 454.22 billion by 2033, at a CAGR of 5.85% over the forecast period.

Brazil's Bovespa index closed 0.19% lower, with losses in the Consumption, Basic Materials, and Telecoms sectors.

Petrobras (PBR), Gerdau and Naturgy sign a deal for natural gas supply in Rio de Janeiro's free-market environment, aiming to boost competitiveness, market liberalization, sustainability and investment.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Commercial Metals' (CMC) Q3 top line primarily reflects the impacts of the ongoing challenging environment in Europe.

Declining prices, along with demand and economic headwinds paint a challenging picture for the steel industry. However, stocks like FSTR, CRS and GGB look promising in the current scenario.