Gerdau Ameristeel and United Steelworkers Union reach agreement at Whitby, Canada Mill

Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today announced it has reached an agreement with the USW at Gerdau Ameristeel’s Whitby, Canada mill. The new contract is effective February 28, 2007, and expires on February 27, 2010

TAMPA, FL, APRIL 2, 2007 -- Gerdau Ameristeel Corporation (NYSE: GNA; TSX: GNA) today announced it has reached an agreement with the USW at Gerdau Ameristeel’s Whitby, Canada mill. The new contract is effective February 28, 2007, and expires on February 27, 2010. “The Company is pleased that another contract has been completed with the United Steelworkers. While there are three remaining negotiations at Calvert City Kentucky; Joliet, Illinois and Sand Springs, Oklahoma, the company continues to work to find common ground to settle remaining agreements at these facilities,” said Jim Rogers, Gerdau Ameristeel’s Vice President of Human Resources.
 
 
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