Brazilian steel maker Gerdau has reported best ever Ebitda & net income in 2021. Gerdau CFO Mr Rafael Japur said “Gerdau recorded, in 2021, the best result in its century-old history, reflecting the company's ability to innovate and continue to fully serve the markets in which it is present, with quick responses and solutions tailored to the needs of its customers.”-------------------2021 Highlights-------------------Steel Sales - 12.7 million tonnesNet Revenue - BRL 78.3 billionEbitda - BRL 23.2 billionEbitda Margin - 29.6%Net Income - BRL 13.9 billionMr Japur added “I would also like to highlight that we reinforced our commitment to building an even more sustainable future by assuming a goal of reducing our greenhouse gas emissions, going from 0.93 t of CO2e per ton of steel produced to 0.83 ton of CO2e per ton of steel produced in 2031, a volume below half the global industry average. We already operate with a sustainable production matrix, mainly based on bio-reducer and scrap recycling, but we need to go further, being part of the search for innovative solutions for the decarbonization process of the planet”,Gerdau also announced that its ambition is to achieve carbon neutrality by 2050. The company emphasizes that carbon neutrality requires mature technologies, which still do not exist on an industrial scale, and public policies that enable the global steel industry to neutralize its carbon emissions.
Brazilian steel maker Gerdau has reported best ever Ebitda & net income in 2021. Gerdau CFO Mr Rafael Japur said “Gerdau recorded, in 2021, the best result in its century-old history, reflecting the company's ability to innovate and continue to fully serve the markets in which it is present, with quick responses and solutions tailored to the needs of its customers.”-------------------2021 Highlights-------------------Steel Sales - 12.7 million tonnesNet Revenue - BRL 78.3 billionEbitda - BRL 23.2 billionEbitda Margin - 29.6%Net Income - BRL 13.9 billionMr Japur added “I would also like to highlight that we reinforced our commitment to building an even more sustainable future by assuming a goal of reducing our greenhouse gas emissions, going from 0.93 t of CO2e per ton of steel produced to 0.83 ton of CO2e per ton of steel produced in 2031, a volume below half the global industry average. We already operate with a sustainable production matrix, mainly based on bio-reducer and scrap recycling, but we need to go further, being part of the search for innovative solutions for the decarbonization process of the planet”,Gerdau also announced that its ambition is to achieve carbon neutrality by 2050. The company emphasizes that carbon neutrality requires mature technologies, which still do not exist on an industrial scale, and public policies that enable the global steel industry to neutralize its carbon emissions.
