Gerdau's ADR slid 4.50% and CSN fell 2.22% on Wednesday, August 19, 2026, even as Ternium rose 0.58%. Cheap Chinese imports still weigh on Brazil's steelmakers.
Key Facts
Gerdau’s ADR fell 4.50% to US$4.46 giving back tariff-driven gains as profit-taking hit the Brazilian long-steel producer.
CSN’s New York-listed shares dropped 2.22% to US$0.88 despite Brazil’s five-year anti-dumping duties on Chinese flat steel.
Ternium advanced 0.58% to US$54.00 with Mexico’s auto supply chain hopes offsetting pressure from Chinese slab imports.
The VanEck Steel ETF (SLX) finished at US$106.70 up just 0.01% in a largely flat session for global steel equities.
Gerdau tumbled 5.44% and CSN lost 3.71% as a weak Ibovespa session and Chinese import pressure crushed Latin American steel…
Latin American steel wrapped: Ternium rose on Mexican auto demand while CSN's ADR fell on Brazil tariff fears. Gerdau, SLX and…
A dive into Thursday's LatAm steel moves: Gerdau slid, CSN edged up, Ternium held firm. How Chinese steel, tariffs, and autos are…
Latin American steel offered a mixed picture on Monday. Ternium rose 1.67% while CSN's ADR dropped 3.18%. Weak Chinese demand and…
Latin American steel proxies diverge: CSN drops 2.42% on earnings while Gerdau stalls at US$4.96. Ternium edges up 0.26% as…
Ternium jumps 3.87% as steel tariffs bite, while Gerdau drops 1.98%. A concise, plain-English read on Latin American steel stocks…
