November 4, 2026Stocks·Bearish·corporate action
Gerdau shuts down steel production at Divinópolis plant, dismisses 280 workers
Gerdau is closing its steel production unit in Divinópolis, Brazil, as part of a strategy to concentrate production in more efficient facilities. The closure has led to the dismissal of 280 workers, with 120 more offered transfers; local authorities estimate about 1,000 people could be affected.
Detected & updated continuously · Source: Nebula
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