Gerdau to end steel production at its Divinópolis plant, reports say
What happened
According to G1 and Metrópoles, Gerdau has announced the end of steel production at its Divinópolis plant in Minas Gerais. Metrópoles reports that hundreds of workers have been dismissed; the exact number is not stated in the headlines reviewed.
When it started
G1 and Metrópoles reported the announcement on November 3, 2026. A DiviNews report dated November 2, 2026 said the mayor was preparing to travel to São Paulo to discuss alternatives.
How it spread
The sources do not describe the decision-making process or the timeline for the shutdown. Details on severance and the plant's future use are not included in the material reviewed.
Why it matters
DiviNews reports that Divinópolis Mayor Janete plans to meet Gustavo Werneck in São Paulo to discuss alternatives to the closure. The reasons Gerdau gave for the decision are not stated in the sources reviewed.