Gerdau Pindamonhangaba Strike Ends as Union Says Deal Halves Layoffs

Overview

• Workers voted to end the stoppage on Tuesday and returned to their posts after accepting a company proposal reported by the union.
• The union said projected dismissals tied to the cylinder line closure will drop from 400 to 200 with a voluntary severance plan and no mass layoffs before December.
• Union-reported mitigation includes a 48% increase to meal vouchers and a salary adjustment starting in January, with Valor reporting a 6.4% wage proposal under discussion.
• Gerdau confirmed the December shutdown of the cylinder product line, citing excess imported steel and a focus on higher‑profit assets.
• The company told Valor that the information about 400 dismissals at the unit does not proceed, and the plant currently has about 2,000 direct workers plus 400 outsourced staff.