<SEC-DOCUMENT>0001104659-16-132427.txt : 20160713
<SEC-HEADER>0001104659-16-132427.hdr.sgml : 20160713
<ACCEPTANCE-DATETIME>20160713170153
ACCESSION NUMBER:		0001104659-16-132427
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160713
FILED AS OF DATE:		20160713
DATE AS OF CHANGE:		20160713

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GERDAU S.A.
		CENTRAL INDEX KEY:			0001073404
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14878
		FILM NUMBER:		161766049

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA FARRAPOS, 1811
		CITY:			PORTO ALEGRE, RIO GRANDE DO SU
		STATE:			D5
		ZIP:			90220-005
		BUSINESS PHONE:		011-55-51-3323-2703

	MAIL ADDRESS:	
		STREET 1:		AVENIDA FARRAPOS, 1811
		CITY:			PORTO ALEGRE, RIO GRANDE DO SU
		STATE:			D5
		ZIP:			90220-005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GERDAU SA
		DATE OF NAME CHANGE:	19981112
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a16-14913_16k.htm
<DESCRIPTION>6-K
<TEXT>


<html>
<head>



  </head>
<body link=blue lang="EN-US">
<div>
<div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 3.0pt;padding:1.0pt 0in 1.0pt 0in;">
<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
</div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;6-K</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">U.S. SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">REPORT OF FOREIGN PRIVATE ISSUER</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Dated July&nbsp;13, 2016</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Commission File Number 1-14878</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">GERDAU S.A.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact Name as Specified in its Charter)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">N/A</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Translation of Registrant&#146;s Name)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Av. Farrapos 1811</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Porto Alegre, Rio Grande do Sul - Brazil CEP 90220-005</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of principal executive offices)</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark whether the registrant files or will file annual reports under cover Form&nbsp;20-F or Form&nbsp;40-F.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.0%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;20-F   &nbsp;&nbsp;</font><font face="Wingdings">x</font></p>    </td>
<td width="79%" valign="top" style="padding:0in 0in 0in 0in;width:79.0%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;40-F&nbsp;&nbsp;</font><font face="Wingdings">o</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1):&nbsp;</font><font face="Wingdings">o</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7):&nbsp;</font><font face="Wingdings">o</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12g3-2(b)&nbsp;under the Securities Exchange Act of 1934.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="17%" valign="top" style="padding:0in 0in 0in 0in;width:17.5%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Yes&nbsp;&nbsp;</font><font face="Wingdings">o</font></p>    </td>
<td width="82%" valign="top" style="padding:0in 0in 0in 0in;width:82.5%;">
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">No&nbsp;&nbsp;</font><font face="Wingdings">x</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule&nbsp;12g3-2(b):&#160; Not applicable.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="border-bottom:solid windowtext 3.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 0in 1.0pt 0in;">
<p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
</div>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\109431\16-14913-1\task8019745\14913-1-ba.htm',USER='109431',CD='Jul 14 01:25 2016' -->

<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURES</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused the Report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date:&nbsp;&nbsp;July&nbsp;13, 2016</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">GERDAU   S.A.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="50%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/   Harley Lorentz Scardoelli</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Harley   Lorentz Scardoelli</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.66%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor   Relations Director</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_011117_2692"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\109431\16-14913-1\task8019745\14913-1-ba.htm',USER='109431',CD='Jul 14 01:25 2016' -->

<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT&nbsp;INDEX</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="10%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>    </td>
<td width="87%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:87.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description&nbsp;of&nbsp;Exhibit</font></b></p>    </td>   </tr>
<tr>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="10%" valign="top" style="padding:0in 0in 0in 0in;width:10.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>    </td>
<td width="3%" valign="bottom" style="padding:0in 0in 0in 0in;width:3.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="87%" valign="top" style="padding:0in 0in 0in 0in;width:87.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notice to the Market,   July&nbsp;13, 2016</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_011144_7056"></a></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\109431\16-14913-1\task8019745\14913-1-ba.htm',USER='109431',CD='Jul 14 01:25 2016' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a16-14913_1ex99d1.htm
<DESCRIPTION>EX-99.1
<TEXT>


<html>
<head>



  </head>
<body link=blue lang="EN-US">
<div style="font-family:Times New Roman;">
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit&nbsp;99.1</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="250" height="75" src="g149131mmi001.jpg"></font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOTICE TO THE MARKET</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Gerdau (&#147;Company&#148;) hereby announces to its shareholders and the general market that the following</font>  </font>administrative proceedings were ruled against the Company in the Superior Chamber of Tax Appeal, the final administrative instance of the Administrative Council of Tax Appeals (CARF), after the casting vote by the President of the Judging Panel and representative of the Treasury: 10680.724392/2010-28, 11080.723701/2010-74, 11080.723702/2010-19 and 16682.720271/2011-54, filed by the subsidiaries Gerdau A&#231;ominas S.A., Gerdau A&#231;os Especiais S.A., Gerdau Comercial de A&#231;os S.A. and Gerdau A&#231;os Longos S.A., respectively. These proceedings questioned the disallowance of the deductibility of amortized goodwill from the calculation base of Corporate Income Tax (IRPJ) and Social Contribution on Net Income (CSLL), as a result of a corporate restructuring carried out in 2004/05 and the application of articles 7 and 8 of Federal Law 9.532/97.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">Note that the decision has not yet been published through the respective appellate decision. After its</font>  </font>publication, the Company will analyze the possibility of filing an appeal also in the administrative instance. Should the appeal be filled and denied, the discussion will be submitted to the Judicial Branch, with low financial impact, corresponding to the payment of escrow deposit.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">The Company maintains its position of not constituting provision for contingencies, as in its</font>  </font>understanding and that of its legal counsel, the likelihood of winning the case is possible. The restated amount of the four tax deficiency notices as of June&nbsp;30, 2016 is R$3,767 million, of which R$1,252 million is the principal, R$939 million is the fine and R$1,576 million is interest. Gerdau considers it appropriate to disclose this fact to the market, reiterating its commitment to transparency with its shareholders and investors.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Porto Alegre, July&nbsp;13, 2016.</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Harley Lorentz Scardoelli</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Vice President</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Investor Relations Director</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\109431\16-14913-1\task8019749\14913-1-mm.htm',USER='109431',CD='Jul 14 01:29 2016' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g149131mmi001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g149131mmi001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !+ /H# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#<\9?$#5M
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M?^[\P_7%<CJ^AZAH-T(-2MVA8_=.<J_T/>NAMOBGXABN1)-);S1YYB,8 QZ
MCFO0T?3_ (B^$&.P*7!&#RT,H]_\Y%0ZM:DTZFJ+]E2JIJGN>%^G/IWKZ7L_
M^/*#_KFO\J^;)X9+:YD@E&)(GV,,]P<5])V?_'E!_P!<U_E6>/VB7@MY$U9>
MM>(],\/Q*^HW*QEONH.6;Z"K&K:C'I.E7-[+RD$9?'J>PKY^GN+_ ,3:V))"
MT]Y=.%49Z9Z >@%<^'H>UNV]$;UZ_L[);L].;XOZ0'(2SO&7/WL*/TS71:!X
MQTGQ'E;&<B<#)AD&U\?U_"N1@^#T1LA]HU.071'\"#8#_,UAZ9\.?$46N8A<
M6HMG!6[+<'W4=36KIX>2?*[6,U4KQ:YE>Y[!>W26-C/=2 E(8S(P7J0!FN(_
MX6_H_'^B7G_?*_XUU.MK(OA:^65@\@M'#,!@$[3DXKP'2;5+_5;.UED\N.:5
M49P?N@GK2PU&%1-RZ#Q%:<))1ZGJO_"WM'_Y]+S_ +Y7_&MV'QE9S^%9->6&
M?[-&2"A W'!QQ7,?\*LT/_H,R_\ ?:5?U[0H/#OPQOK"WE>:,#<'?&3E@>U*
M4:#:4+[CC*LDW+L1?\+?T?\ Y]+S_OE?\:GM/BQH,\@29;JW!/WGCR/TKS+P
MEI$.O>(K:PN7=8I Q)0\\#-;/CSP5;^%DM9[.YDDAG8H4DZ@@9ZUN\/04^36
M[,%7K.+GT1[-;W,-W;QSV\BR12#<CJ<@BN*N/BSI-O<RPM:7A:-RA(4=CCUJ
MI\'[R672[^U=V:.&160$YQN!R!^5>8ZE_P A:[&>L[?^A&LZ6&BYRC+H:5<1
M)0C*/4]8A^+>B22!9(+N-3_$4!_D:Z[2]7L=9M1<Z=<I/$>"5/(/H1U%>::A
M\)I(M,-SI]^99%CW^5(F-W&< CO7*^$_$,_AS78;A780.P2>//#*3Z>HZT/#
MTJD6Z3U0*O4IR2J+1GT%7&ZO\3-*T?59["2"YED@;:S1@8S^==-J6H1Z?I-Q
M?,08XHC)GUXXKY_L;2Z\1ZRZ1G,\^^9CUZ L:SPU&,[RGLB\16E"RCNSVWPQ
MXOL?%2W'V-)8V@(W+( "0>A&/I6KJ=_'I>FW%[,K-' A=@O4@>E>)_#O6#I'
MBVW#MB&Z'V>0$]S]T_GC\Z]<\8?\BAJO_7NW\J5:BH55%;,JE5<Z;D]T8^C_
M !+TS6M5M["WMKI9)VVJS@8'&?6NIU"]33M/N+R169((S(P7J0!GBO#/ /\
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MV)I?_0-LO^_"_P"%:4\:HQ4;;&<\(Y2<K[G@EAXJUG38UCL]4N(XUZ)ORH_
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-50JC@ # %+114C/_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
