Investor’s Alert on Worth Watching Stocks: Gerdau SA (ADR) (NYSE:GGB), Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR.A)

On Wednesday, Shares of Gerdau SA (ADR) (NYSE:GGB), included 2.04% and shut at $4.26 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $4.06 and $4.26. Gerdau S.A. produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, counting rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, in addition to iron ore. It also produces special steel products used in automotive components, machinery, road and agricultural parts, mining equipment, tools, rail components, and maritime mooring. In addition, it provides flat products, such as hot- and cold-rolled steel coils, heavy plates, and structural profiles.

Shares of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR.A), subtract -1.80% and shut at $9.30 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $9.14 and $9.35. The association’s commercial center capitalization is $64.79 Billion with the general uncommon loads of 5.60 billion. Petróleo Brasileiro S.A. – Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets. The company’s Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, in addition to exports ethanol and invests in petrochemical companies. This segment also engages in the extraction and processing of shale. The company’s Gas and Power segment engages in the transportation and trade of natural gas and liquid natural gas; generation and trade of electricity; holding interests in natural gas transportation and distribution, and thermoelectric power plants; and fertilizer business. Its Biofuels segment is involved in the production of biodiesel and its co-products, in addition to in the investment, production, and trading of ethanol, sugar, and the electric power generated from sugarcane bagasse.

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