26
Jul
13:06
Usiminas Q2 steel output rises, mining performance declines
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas)’s crude steel production rose in the second quarter, as did rolled products output, the company says in its latest earnings report monitored by Kallanish.
The company's mining arm, Mineração Usiminas (Musa), saw iron ore production fall on-quarter in Q2.
Crude steel output was 817,000 tonnes in Q2, up 16.7% from Q1 and 96.4% higher year-on-year. The increase re…
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Anonymous
Very good overview of the weekly steel market.
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