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Brazil Steel Plunges on China Glut, Tariff Fears

Rio Times

BusinessRio Times·Aug 12, 2026·1 min read

Brazil Steel Plunges on China Glut, Tariff Fears

Gerdau tumbled 5.44% and CSN lost 3.71% as a weak Ibovespa session and Chinese import pressure crushed Latin American steel proxies. Ternium proved resilient. W The post Brazil Steel Plunges on China Glut, Tariff Fears appeared first on…

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