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Gerdau's Grievous Gauntlet: Global Glut Generates Gloom

André Gerdau Johannpeter warned at Congreso de Aço Brasil 2025 that Brazil's steel industry faces critical sustainability challenges. Import penetration rates doubled from 10% to 25% due to subsidized Chinese steel flooding domestic markets. The Gerdau Chairman stated further operational reductions would make business unviable. He emphasized the impossibility of competing against government-supported Chinese producers benefiting from export deductions & state participation.

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