Key Facts
SLX gained — the steel-producers ETF rose 1.16% to US$108.91, a sign that global appetite for steel shares firmed on Tuesday, August 25, 2026.
Gerdau advanced — the Brazilian long-steel producer closed at US$4.36, up 0.69%, as investors weighed Brazil’s 25% above-quota tariff shield.
CSN’s New York shares retreated — Companhia Siderúrgica Nacional fell 0.97% to US$1.02, cooling after a jump of more than 5% the previous session.
Ternium was nearly flat — Mexico-focused Ternium added 0.16% to US$55.20, with cheap Chinese supply still anchoring sentiment.
