Usiminas
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Imports surge as much as 78% from ex-China sources, blunting early antidumping impact and raising concerns over structural global oversupply.
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Brazil erects a “Chinese wall” of steel — shielding flat-rolled markets while remaining bound to China through iron ore.
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Two Gecex resolutions impose five-year duties on coated and cold-rolled flat steel, reinforcing protection sought by Brazil’s major steelmakers.
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Brazilian steelmaker posts R$129m net income in 4Q25, reversing prior-year loss, while adjusted EBITDA declines amid weaker domestic demand.
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Board decision aligns accounting with export profile and dollar-linked revenues, while financial statements will continue to be presented in reais.
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Ternium to acquire Nippon Steel and Mitsubishi stakes for US$ 315 million, lifting its control-group share to 83% amid Brazil’s steel crisis.
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Brazil’s steelmakers step up their fight for trade protection as imports surge and antidumping rulings loom by early 2026.
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In its 3Q25 earnings call, executives warned of unfair trade conditions and defended anti-dumping measures.
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The steel and mining group swung to a quarterly loss due to asset write-downs.
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A key turning point came after US President Donald Trump announced a 50% tariff on steel imports