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EconomicBrazil·30 Oct 2026

Gerdau and ArcelorMittal Stock Prices Change on October 29

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On October 29, 2026, steel producers experienced divergent market performance as Gerdau shares rose 5.10% to US$4.74 and ArcelorMittal gained 2.47% to US$61.79. While US-based mills like Nucor, Steel Dynamics, and Cleveland-Cliffs also saw gains, Brazil’s CSN fell 2.51% and the broader Brazilian stock index dropped 1.06%. The sector’s performance defied a…

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Rio Times
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