$GGB

Latin American steel equities rebounded on 30 September 2026, with CSN rising 3.92% to US$1.06, Ternium up 1.59% to US$54.30, and Gerdau gaining 1.72% to US$4.72. The recovery followed a guidance cut by CSN Mineração, which brokers estimated could reduce 2026 EBITDA by US$135–193 million. The Ibovespa rose 1.37%, supported by positive US inflation data and policy developments, including a new Brazil-US working group on tariffs.

Johannpeter Claudio sold 85,607 shares of GERDAU S.A. (GGB) at $4.94 ($0.42M total) on 2026-09-23.

Lopes Rafael Gamboa sold 51,800 shares of GERDAU S.A. (GGB) at $5.09 ($0.26M total) on 2026-09-17.

Latin American steel stocks diverged on Friday, with Gerdau rising 0.98% to US$5.15, CSN falling 7.97% to US$1.27, and Ternium gaining 0.50% to US$57.90. The SLX steel ETF rose 0.31% to US$108.97. Gerdau benefits from Brazilian tariffs on long steel, while CSN struggles with flat-steel imports. Ternium's performance reflects Mexican auto demand and nearshoring.

CSN's NY-traded shares fell 3.17% to $1.22, while Gerdau's US shares rose 0.40% to $4.97. Ternium's Mexican-listed shares gained 0.03% to $58.00. Brazil's steel tariffs and Mexico's import taxes shield domestic producers like Gerdau and Usiminas from cheap imports, while CSN faces more competition.

Gerdau secured a $1.125 billion revolving credit facility from nine banks, boosting its liquidity by 29% and replacing a smaller $875 million line. The five-year facility, maturing in 2031, is for working capital and liquidity, enhancing the Brazilian steelmaker's financial flexibility.

Gerdau SA Pref (GGBR4) stock fell 5.2% to R$22.94 after Itaú BBA downgraded it to Market Perform, citing cooling steel market conditions and limited upside. Insider selling and sector-wide pressures from Chinese imports also contributed to the decline, with the stock trading near R$22-23, a range seen as more balanced by analysts.

Gerdau dropped 4.5% to $4.46, reversing Monday's tariff-driven gains, while CSN fell 2.22% to $0.88 despite anti-dumping support. Ternium rose 0.58% to $54.00, benefiting from auto supply chain hopes. Brazilian steel producers face pressure from cheap Chinese imports and uncertain demand.

Latin American steel equities edged lower on Aug. 14, 2026, as investors consolidated tariff-driven gains. The SLX steel-producers ETF fell 0.50% to $107.96. CSN ADR dropped 1.63% to $0.8853, Gerdau fell 1.25% to $4.74, and Ternium slipped 0.87% to $53.81. No single new catalyst was cited; focus remained on China import tariffs and anti-dumping measures.

Johannpeter Andre Bier Gerdau sold 99,200 shares of GERDAU S.A. (GGB) at $4.94 ($0.49M total) on 2026-08-10.