01:31 PM EDT, 04/30/2025 (MT Newswires) -- Gerdau ( GGB ) has decided to cease the feasibility analysis of a new greenfield unit in Mexico that would focus on the production of special steels primarily for the automotive sector, according to a regulatory filing Wednesday.

The company said the decision was made after a strategic reassessment of the current global market, citing an "increase in trade defense measures" and "growing uncertainties regarding the future dynamics of the global automotive chain."

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