Ternium, Usiminas, and Gerdau are facing market pressures in Brazil from cheap Chinese imports and are serving as a regional market bellwether.
6 reports, 3 independent
Updated Thu 00:00
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What happened
Ternium, Usiminas, and Gerdau are facing market pressures in Brazil from cheap Chinese imports and are serving as a regional market bellwether.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Market performance diverges for Gerdau, Usiminas, and Ternium in the flat-steel market, aided by Mexican demand.1 source
- Gerdau and Ternium are utilizing tariff shields to protect their domestic steel products.Sub-event
Market conditions improve for Ternium in Brazil and Mexico.1 source
Major industrial companies in Brazil face competitive pressure from cheap Chinese imports.1 source
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The entities involved
Coverage
Newest first; wire copies grouped- riotimesonline.com
- yahoo.com
- riotimesonline.com
- themarketsdaily.com
- riotimesonline.com
- riotimesonline.comLatin American Steel Jumps on US Tariff Bets