Usinas Siderurgicas de Minas Gerais SA Usiminas (USIM5.SA)
R$ -0.05 (-0.44%)
Latest Key Developments (Source: Significant Developments)
April 17 (Reuters) - Usinas Siderurgicas de Minas Gerais SA Usiminas
Nippon Steel & Sumitomo Metal intends to hold talks on dividing production assets of Usiminas with Ternium - Nikkei
: Nippon Steel & Sumitomo Metal intends to hold talks on dividing production assets of Brazilian affiliate Usiminas with Ternium - Nikkei .One Proposal Would Give Nippon Steel & Sumitomo Metal, ownership of a Usiminas mill in Ipatinga - Nikkei. Full Article
SAO PAULO, April 20 Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA reported net income of 157 million reais ($46.4 million) in the first quarter, a 45 percent rise from a year earlier, amid an economic rebound that boosted net revenue, it said on Friday.