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Brazilian steel ADRs rallied on Friday, with Gerdau up 4.16% and CSN up 3.57%, while Ternium gained 2.37% under the unresolved 50% US tariff on Mexican steel. The post Gerdau ADR Jumps 4.2% as Brazil Steel Shares Rally | Steel Report, Oct 2 appeared first on The Rio Times.
The United Steelworkers accused US Steel of โpettyโ negotiating tactics as talks with the Japanese-owned company entered a critical stretch, saying they have made little progress on key issues.