Brazilian industrial confidence fell in April for a fourth month to its lowest since August, a survey showed on Thursday, depressed by a second COVID-19 wave and new lockdown measures in many states.
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Operator
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. Gustavo Werneck, Director, President and CEO; and Harley Scardoelli, Executive Vice President and CFO.