22
May
14:42
Usiminas' steel production falls, iron ore output grows
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) crude steel production fell year-on-year in the first quarter. Rolled products output, however, showed a positive performance during the period, the company says in its latest earnings report monitored by Kallanish. The company's mining arm, Mineração Usiminas, also saw its iron ore production grow.
Crude steel output was 771,000 tonnes in the first quarter, -3.…
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Very good overview of the weekly steel market.
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