U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
Dated January 22, 2025
Commission File Number 1-14878
GERDAU S.A.
(Translation of Registrant’s Name into English)
Av. Dra. Ruth Cardoso, 8,501 – 8° andar
São Paulo, São Paulo - Brazil CEP 05425-070
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x | Form 40-F ¨ |
Exhibit Index
Exhibit | Description of Exhibit | |
99.1 | Notice to the Market, January 21, 2025 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: January 22, 2025
GERDAU S.A. | ||
By: | /s/ Rafael Dorneles Japur | |
Name: | Rafael Dorneles Japur | |
Title: | Executive Vice President | |
Investor Relations Director |
Exhibit 99.1
GERDAU S.A.
Corporate Tax ID (CNPJ/MF): 33.611.500/0001-19
Registry (NIRE): 35300520696
NOTICE TO THE MARKET
Gerdau S.A. (B3: GGBR / NYSE: GGB) informs its shareholders and the market in general that its subsidiaries Gerdau Aços Longos S.A. and Sul Renováveis Participações S.A. have entered into agreements with Atiaia Energia S.A. for the acquisition of all shares of Rio do Sangue S.A. and Paranatinga Energia S.A., holders, respectively, of the Small Hydroelectric Power Plants (SHPs) called Garganta da Jararaca and Paranatinga II for the price of approximately R$ 440 million.
This amount is subject to adjustments based on the levels of cash and debt to be determined on the closing date, according to the terms and conditions usual in transactions of this nature and established in the contracts. The acquisition price will be paid in cash, on the closing date, with available own resources. The closing is subject to the verification of the usual conditions precedent for this type of transaction, including approval by the Brazilian competition authority.
The Garganta da Jararaca and Paranatinga II SHPs are located in the state of Mato Grosso and have 29MW of installed capacity each, with 21MW average and 17MW average of assured energy, respectively. The SHPs will supply renewable energy to Gerdau's steel production units in Brazil, on a self-production basis, equivalent to approximately 8% of the energy consumption of its operations in the country.
The acquisition of these assets is in line with Gerdau's strategy to generate greater competitiveness in the cost of its business, increasing the self-production of clean energy, and in line with the decarbonization process already disclosed by the Company.
São Paulo, January 21, 2025.
Rafael Dorneles Japur
Vice-President and Investor Relations Officer