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Usinas Siderurgicas de Minas Gerais SA Usiminas (USIM5.SA)

USIM5.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Usiminas sees steel market improving after weak first quarter - executives
Thursday, 18 Apr 2019 

April 18 (Reuters) - Usinas Siderurgicas de Minas Gerais SA Usiminas ::BRAZIL STEELMAKER USIMINAS SEES COUNTRY'S STEEL MARKET IMPROVING IN THE SECOND QUARTER AFTER WEAK FIRST QUARTER - EXECUTIVE.USIMINAS SAYS BRAZIL STEEL PRICES AROUND 5 PERCENT ABOVE INTERNATIONAL PRICES AFTER DOMESTIC PRICE ADJUSTMENTS INTRODUCED ON APRIL 1 - EXECUTIVE.USIMINAS SAYS COMPANY CONTINUES TO EVALUATE SALE OF STAKE IN MUSA MINING UNIT, DECLINING TO ELABORATE - EXECUTIVE.USIMINAS TO KEEP INVESTMENTS AT AROUND 1 BILLION REAIS PER YEAR IN THE NEXT TWO TO THREE YEARS - EXECUTIVE.USIMINAS EXPECTS AVERAGE PRICE OF STEEL TO GO UP BY 2-3 PERCENT IN THE SECOND QUARTER AGAINST PRICES IN THE FIRST QUARTER - EXECUTIVE.  Full Article

Brazil's Usiminas posts Q3 net income of 289 million reais
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Usinas Siderurgicas de Minas Gerais SA Usiminas ::REPORTS Q3 NET RESULT OF 289 MILLION REAIS.REPORTS Q3 EBITDA OF 686 MILLION REAIS.  Full Article

UPDATE 1-Brazil's Usiminas more than doubles profit in 2018

SAO PAULO, Feb 15 Brazilian steelmaker Usinas Siderurgicas de Minas Gerais on Friday reported a profit of 830 million reais ($223 million) for 2018, more than double its earnings from a year ago.