Harley Scardoelli | EVP, CFO & IR Officer |
Gustavo Werneck | CEO & Director |
Leonardo Correa | BTG Pactual |
Caio Ribeiro | Crédit Suisse |
Thiago Lofiego | Bradesco BBI |
Rodolfo De Angele | JPMorgan Chase & Co. |
Rafael Barcellos | Santander Investment Securities |
Carlos De Alba | Morgan Stanley |
Timna Tanners | Bank of America Merrill Lynch |
Andreas Bokkenheuser | UBS Investment Bank |
Good afternoon, and welcome to Gerdau's conference call to discuss the results related to the fourth quarter of 2020. [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 the 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.
Here today are Mr.