Usiminas
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Usiminas

Company nameUsinas Siderurgicas de Minas Gerais S.A - Usiminas
Company typePublic (BM&F Bovespa:USIM3, USIM5
Nyse - usnzy
BMAD: XUSIO, XUSI)
IndustryMining & Siderurgy
Founded(1956)
HeadquartersBrazil Belo Horizonte, Brazil
Key peopleIsrael Vainboim, (Chairman)
Wilson Nélio Brumer, (CEO)
ProductsSteel
Revenue(-) US$ 6.2 billion (2009)
Net income(-) US$ 746.6 Million (2009)
Employees46.069

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Usiminas (BM&F Bovespa: USIM3, USIM5 / Nyse - usnzy / BMAD: XUSIO, XUSI) is a large producer of steel in the Americas, with major steel mills in Brazil with a total capacity of 9.5 million metric tons of steel per year. The company accounts for 28 % of total steel output in Brazil.


Usiminas has an installed capacity of producing 9.5 million tons of crude steel. The company also operates in the logistics sector through a stake in logistic company MRS Logística. This company its also controlled by Vale, Gerdau and CSN.

The company is one of the largest shareholders in the Italian-Argentine company Ternium, accounting for 14.2% of total capital.






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Usiminas coke battery No 3 project to start up soon - Steel Business Briefing (subscription) Tweet this news
Steel Business Briefing (subscription)--Brazilian flats producer -Usiminas- has been testing the No 3 coke battery at its Ipatinga works in Minas Gerais state. The new 750000 tonnes/year operation ... - Date : Thu, 05 Aug 2010 00:03:53 GMT+00:00
Brazil Stocks Open Lower On Jump In US Jobless Claims - Wall Street Journal Tweet this news
Wall Street Journal--BR), or -Usiminas-, rose 0.02% to BRL51.86, while rival integrated steelmaker Compania Siderurgica Nacional (SID), or CSN, fell 0.43% to BRL30.20.--- - Date : Thu, 05 Aug 2010 13:58:04 GMT+00:00
Brazilian heavy plate prices rise on tight supply - Steel Business Briefing (subscription) Tweet this news
Steel Business Briefing (subscription)--According to the Brazilian National Bank of Social and Economic Development (BNDES), -Usiminas-, the only domestic supplier, cut its production to below one ... - Date : Thu, 05 Aug 2010 00:01:37 GMT+00:00
Usiminas to invest BRL 4 billion in mining operations - SteelGuru Tweet this news
SteelGuru--BNamericas reported that Brazilian steelmaker -Usiminas- is planning to invest BRL 4.1 billion in mining operations through 2015 to reach iron ore output of ... - Date : Mon, 05 Jul 2010 05:52:52 GMT+00:00
Brazilian steelmakers seek 10pct price hike starting July - SteelGuru Tweet this news
SteelGuru--On June 24th 2010, Reuters reported that -Usiminas- raised prices for local steel products for a second time this year, suggesting companies in the sector are ... - Date : Sat, 03 Jul 2010 05:48:54 GMT+00:00
Mexico stocks sweesaw after U.S. jobs data - MarketWatch Tweet this news
MarketWatch---Usiminas- rose 1% and Gerdau (NYSE:GGB) fell 0.7%. Chile's IPSA index rose 0.9% to 4060.13 on Friday, marking its first win since June 25. ... - Date : Fri, 02 Jul 2010 19:11:35 GMT+00:00
CSN, Usiminas: old legal issue may cost each over US$150m - Steel Business Briefing (subscription) Tweet this news
Steel Business Briefing (subscription)--CSN hasn't replied to Steel Business Briefing's requests for comment, and -Usiminas- says it won't comment on the case before reading all the documents of the ... - Date : Thu, 17 Jun 2010 00:04:26 GMT+00:00
Usiminas predicts further flats price hikes for 2010 - Steel Business Briefing (subscription) Tweet this news
Steel Business Briefing (subscription)--Brazilian flats producer -Usiminas- is still expecting prices to rise at least once more this year. Early this quarter, Brazilian mills increased flats prices ... - Date : Thu, 10 Jun 2010 00:17:07 GMT+00:00
Brazil upholds cartel fine on steelmakers CSN, Usiminas - Reuters Africa Tweet this news
Reuters Africa--SA: Quote) and -Usiminas- (USIM5.SA: Quote) harmed competition by agreeing to raise prices for some steel products in 1996 and 1997, upholding a previous ... - Date : Tue, 15 Jun 2010 14:12:20 GMT+00:00
Usiminas Posts Profit as Brazil Growth Fuels Demand - BusinessWeek Tweet this news
BusinessWeek---Usiminas-, as the steelmaker is known, was forecast to post a profit of 73 centavos a share on an adjusted basis, the average estimate of eight analysts in a ... - Date : Thu, 13 May 2010 13:25:55 GMT+00:00

BR Ibovespa companies of Brazil

Agre * AES Eletropaulo * ALL * AmBev * B2W Varejo * Banco do Brasil * BM&F Bovespa * Bradesco * Bradespar * Brasil Ecodiesel * Brasil Telecom * Braskem * BRF * CCR * Celesc * CEMIG * Cielo * CESP * Comgás * Copel * Cosan * CPFL Energia * CSN * CTEEP * Cyrela Brazil Realty * Duratex S.A * Eletrobrás * Embraer * Fibria * Gafisa * Gerdau * Gol * Grupo Pão de Açúcar * Itaú Unibanco * Itaúsa * Iochpe-Maxion * JBS * Klabin * LLX * Light * Lojas Americanas * Lojas Renner * Metalurgica Gerdau * MMX Mineração * MRV * Natura * Net * OGX * Oi * PDG Realty * Petrobras * Redecard * Rossi * Sabesp * Souza Cruz * TAM * Telefônica * TIM Participações * Ultrapar * Usiminas * Vale * Vivo



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