11
Feb
12:39
Usiminas fourth-quarter crude steel, ore production fall sequentially
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) saw crude steel production fall in the fourth quarter. Meanwhile, iron ore output fell sequentially, but performed strongly in full-year 2021, the company says in its latest earnings report monitored by Kallanish.
Crude steel output was 723,000 tonnes in Q4, down 22% over the previous quarter and 5% on-year. Full-year production totalled 3.17 million tonnes, up 15% over 2020. Fourth-q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous