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.

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.

A dive into Thursday's LatAm steel moves: Gerdau slid, CSN edged up, Ternium held firm. How Chinese steel, tariffs, and autos are shaping the trade.