Gerdau
Coverage of Gerdau in the Nexus archive.
- Latin America Steel: Ternium Gains, CSN Drops on China
Ternium rose due to increased Mexican auto demand, while CSN's ADR fell amid concerns over Brazilian tariffs. Gerdau, SLX, and the impact of cheap Chinese imports were also highlighted in the steel sector.
- Steel Wrap: SLX Slips as Gerdau Holds, Ternium Edges Up
Latin American steel equities declined on Friday as the SLX fund fell 0.89%. Gerdau remained flat, while Mexico's Ternium rose 0.26% despite challenges from cheap Chinese imports.
- Latin America Steel Rises as Brazil, Mexico Mills Gain
Latin American steel stocks increased due to reduced cheap Chinese imports and stable tariffs. Companies like SLX, Gerdau, CSN, and Ternium saw gains despite softness in construction and auto sectors.
- Steelmaker Gerdau Now Self-Generates Half Its Own Clean Power
Gerdau, Brazil’s largest steelmaker, has acquired full ownership of the Dona Francisca hydro plant on the Jacuí River in Rio Grande do Sul state by purchasing stakes from Copel and Celesc. This move enables Gerdau to self-generate half its clean power.