The SLX steel-producers ETF inched up 0.10% to US$105.59, a muted global move that masks a sharp divide between North American resilience and Latin American caution. a muted global move that masks a sharp divide between North American resilience and Latin American caution. Today’s Focus Latin American steel stocks split sharply on Monday. 05 The names to watchGerdau (US$5.06) is the purest Latin American play on North American non-residential construction and scrap-based EAF economics. Which Latin American steel stock performed best on 3 August 2026?