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Usinas Siderurgicas de Minas Gerais SA Usiminas (USIM5.SA)

USIM5.SA on Sao Paulo Stock Exchange

8.15BRL
23 May 2019
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Latest Key Developments (Source: Significant Developments)

Usiminas sees steel market improving after weak first quarter - executives
Thursday, 18 Apr 2019 

April 18 (Reuters) - Usinas Siderurgicas de Minas Gerais SA Usiminas ::BRAZIL STEELMAKER USIMINAS SEES COUNTRY'S STEEL MARKET IMPROVING IN THE SECOND QUARTER AFTER WEAK FIRST QUARTER - EXECUTIVE.USIMINAS SAYS BRAZIL STEEL PRICES AROUND 5 PERCENT ABOVE INTERNATIONAL PRICES AFTER DOMESTIC PRICE ADJUSTMENTS INTRODUCED ON APRIL 1 - EXECUTIVE.USIMINAS SAYS COMPANY CONTINUES TO EVALUATE SALE OF STAKE IN MUSA MINING UNIT, DECLINING TO ELABORATE - EXECUTIVE.USIMINAS TO KEEP INVESTMENTS AT AROUND 1 BILLION REAIS PER YEAR IN THE NEXT TWO TO THREE YEARS - EXECUTIVE.USIMINAS EXPECTS AVERAGE PRICE OF STEEL TO GO UP BY 2-3 PERCENT IN THE SECOND QUARTER AGAINST PRICES IN THE FIRST QUARTER - EXECUTIVE.  Full Article

Brazil's Usiminas posts Q3 net income of 289 million reais
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Usinas Siderurgicas de Minas Gerais SA Usiminas ::REPORTS Q3 NET RESULT OF 289 MILLION REAIS.REPORTS Q3 EBITDA OF 686 MILLION REAIS.  Full Article

Brazil steel sector cuts output projections as economy, Vale weigh

SAO PAULO, April 25 A leading Brazilian steel institute cut its production forecast for the metal to a 2.2 percent rise in 2019 from 2.7 percent amid concerns over economic growth and cost increases after miner Vale's dam burst disaster.