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The SLX steel ETF fell 0.67% to US$103.10 on Monday 12 October while Gerdau rose 0.39% to US$5.14 and Ternium and CSN slipped in New York. The post Steel ETF Falls 0.67% to US$103.10 as Gerdau Gains | Steel, Oct 12 appeared first on The Rio Times.
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.