Brazilian Steel Giant Gerdau Navigates a Perfect Storm

Brazil’s steel industry is facing an existential threat, and Gerdau S.A., the nation’s steel titan, finds itself at the center of a severe market downturn. The company is confronting a dual challenge: a collapsing domestic market and intense global competition, raising questions about whether its robust international operations can provide a lifeline.

The gravity of the situation was underscored by a stark warning from André Gerdau Johannpeter, the company’s Chairman of the Board. He stated that without decisive intervention, Brazil faces a severe reduction in its domestic steel production capacity. This alarming forecast is supported by hard data, with projections indicating that imports of rolled steel into Brazil are set to surge by 32% in 2025, reaching a record... Read more...