Gustavo Werneck | President and Chief Executive Officer |
Harley Scardoelli | Vice President and Chief Financial Officer |
Leonardo Correa | Banco BTG Pactual. |
Daniel Sasson | Itaú Corretora de Valores |
Rodolfo De Angele | JPMorgan |
Thiago Lofiego | Banco Bradesco BBI |
Caio Ribeiro | Crédit Suisse AG |
Carlos De Alba | Morgan Stanley |
Timna Beth Tanners | BofA Merrill Lynch |
Andreas Bokkenheuser | UBS Investment Bank |
Jonathan Brandt | HSBC |
Good afternoon, and welcome to Gerdau’s conference call to discuss the results of the third quarter of 2020. At this time all participants will be in listen-only mode and later on we will initiate the Q&A session. [Operator Instructions] We would like to emphasize that any forward-looking statements that might be made during this conference call related to Gerdau’s business outlook. Projections and financial and operating goals are mere assumptions based on management’s expectations related to the future of the company. Even though Gerdau believes that its comments are based on reasonable assumptions, there is no guarantee that future events will not affect this evaluation.