Gerdau is the leader in the segment of long steel in the Americas and one of the main suppliers of special long steel in the world. Recently it has also started to operate in two new markets in Brazil—its own production of flat steel and the expansion of iron ore activities—initiatives that are expanding the product mix offered to the market and improving the competitiveness of its operations. With over 45,000 employees, Gerdau has industrial operations in 14 countries in the Americas, Europe, and Asia, which together represent an installed capacity of over 25 million metric tons of steel per year. Furthermore, it is the largest recycler in Latin America and in the world, and transforms each year millions of tons of scrap steel, reinforcing its commitment to sustainable development in the regions where it operates. With over 120,000 shareholders, the shares of Gerdau's companies are listed on the stock exchanges of São Paulo, New York, and Madrid.