(Adds financial details)

SAO PAULO, Nov 5 (Reuters) - Brazilian steelmaker Gerdau ( GGB )

posted a 10% decline in its third-quarter adjusted

net profit on Tuesday, falling to 1.43 billion reais ($248.7

million) but still above the 1.36 billion reais expected by

analysts polled by LSEG.

WHY IT'S IMPORTANT

Gerdau ( GGB ) is Brazil's largest steelmaker by market

capitalization and owns mills across the Americas.

BY THE NUMBERS

Core earnings or adjusted earnings before interest, taxes,

depreciation and amortization (EBITDA) came in at 3.02 billion

reais, down 10% year-on-year but above analysts' expectations of

2.83 billion reais.

Gerdau ( GGB ) reported net revenue of 17.38 billion reais, up 1.8%

from the same quarter last year. Steel volumes sold rose 2.7%,

while raw steel output increased 6.3%.

KEY QUOTES

Gerdau's ( GGB ) net profit was hit mainly by "cooling operational

results," it said, with the firm mentioning global price

pressures.

($1 = 5.7490 reais)