U.S. Markets closed

Brazilian steelmaker Gerdau's Q3 profit tops estimates

SAO PAULO, Oct 31 (Reuters) - Brazil's Gerdau SA , the largest steelmaker in the Americas, reported third-quarter net income of 642 million reais ($293 million), according to a securities filing on Thursday.

According to a Thomson Reuters poll of six analysts, the Porto Alegre-based company, was expected to post average net income of 546.5 million reais in the quarter.