Shares Gerdau S.A. GGB are lower on the session by 1.68%, trading at $12.28.
Overall put volume is now running at 8.02x the daily average, with 1% of all puts traded being purchases on the offer. 15,205 contracts have traded on the session so far.
Gerdau S.A. is a producer of long rolled steel. Gerdau operates steel mills that produce steel by direct iron-ore reduction in blast furnaces and in electric arc furnaces.
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