CSN ADR jumps 10.11% while Gerdau ADR is flat and Ternium climbs 2.29%. Brazil's tariff shield and China's cheap imports frame the steel session.
Key Facts
CSN ADR surged 10.11% to US$0.98, the standout mover on the steel board Friday.
The SLX steel ETF rose 2.29% to US$107.20, signalling broad buying in global steel equities.
Ternium added 2.29% to US$55.45, tracking the wider steel recovery.
Gerdau ADR closed flat at US$4.33 with a 0.00% change, lagging its Latin American peers.
CSN's New York line jumped 8.65% while Gerdau and Ternium advanced. Tariffs shield Brazilian and Mexican mills, but cheap Chinese…
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 wrapped: Ternium rose on Mexican auto demand while CSN's ADR fell on Brazil tariff fears. Gerdau, SLX and…
Gerdau, CSN and Ternium shares climbed on Wednesday, September 2, 2026 as investors bet that tariffs and anti-dumping duties will…
Latin American steel proxies diverge: CSN drops 2.42% on earnings while Gerdau stalls at US$4.96. Ternium edges up 0.26% as…
Brazilian and Mexican steel shares diverged Friday as tariff shields held. CSN fell 3.17% while Gerdau rose and Ternium steadied.
