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27 Oct
14:43

Usiminas production falls as revenues/earnings grow year-to-date

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) posted an increase of 21% in net revenue in the first nine months of this year, while Ebitda rose by 305%. Both crude steel and rolled products output fell during the period, the company says in its quarterly results monitored by Kallanish. Crude steel output was 2.26 million tonnes over January-September, -41% lower compared to the same period in 2016. Rolled products’ ou…
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