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This excerpt taken from the GGB 20-F filed Jul 21, 2009. North
America - The North American operations also use additional inputs. Various
domestic and foreign companies supply other important raw materials or
operating supplies required for the business, including refractory materials,
ferroalloys and carbon electrodes that are readily available in the open
market. Gerdau Ameristeel has obtained adequate quantities of these raw
materials and supplies at competitive market prices. The Company is not
dependent on any one supplier as a source for any particular material and
believes there are adequate alternative suppliers available in the marketplace
if the need to replace an existing one arises.
This excerpt taken from the GGB 20-F filed Jul 15, 2009. North
America - The North American operations also use additional inputs. Various
domestic and foreign companies supply other important raw materials or
operating supplies required for the business, including refractory materials,
ferroalloys and carbon electrodes that are readily available in the open
market. Gerdau Ameristeel has obtained adequate quantities of these raw
materials and supplies at competitive market prices. The Company is not
dependent on any one supplier as a source for any particular material and
believes there are adequate alternative suppliers available in the marketplace
if the need to replace an existing one arises.
This excerpt taken from the GGB 20-F filed Apr 11, 2008. North America
In North America, there are two kinds of energy markets: regulated and deregulated. In the regulated market, agreements are established with local electric power concessionaires and the rates are defined for each region. In the deregulated market, the price of power can change every 5 minutes (spot market price) to reflect the actual cost of electric energy production. Although deregulation of both the natural gas and wholesale electricity markets may create opportunities to reduce costs as a result of market competition, the prices of both these forms of energy have recently become more volatile and may remain so. The Company has no long-term agreements with natural gas suppliers and are, therefore, subject to market variations and price fluctuations.
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