Gerdau Volunteer Olympics benefits more than 76,000 people
With record numbers of participation of employees, the Gerdau Volunteer Olympics benefited 76,000 people this year in nine countries where the Company operates. The initiative mobilized over 13,000 volunteers who performed safety improvements in about 800 schools, daycare centers, micro and small companies,
and other social institutions. Under the slogan "United for Safety: the victory belongs to us all", the initiative involved the operations of Gerdau in Brazil, Uruguay, Argentina, Chile, Peru, Colombia, Venezuela, Mexico, and Spain. Over 10,300 volunteers were involved in Brazil alone. The action was coordinated by the Gerdau Institute, which is responsible for the Company's social
responsibility policies and guidelines. Gerdau's volunteer competitions take place every two years and are held in the years of the World Cup and Olympic Games. In 2010, the Gerdau Volunteer Cup was held with the theme of sustainable development during the World Cup in South Africa.
Gerdau is a leading producer of long steel in the Americas and one of the largest suppliers of special steel in the world. With over 45,000 employees, it 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. It is the largest recycler in Latin America and around the world it transforms, each year, millions of metric tons of scrap into steel, reinforcing its commitment to sustainable development in the regions where it operates. With more than 140,000 shareholders, the Company is listed on the stock exchanges of São Paulo, New York and Madrid.