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23 Apr
12:56

Usiminas Q1 steel sales, iron ore output improve

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas)’s crude steel and rolled products output rose sequentially in the first quarter. Sales were approximately flat quarter-on-quarter, the company says in its latest earnings report monitored by Kallanish. The company's mining arm, Mineração Usiminas (Musa), saw its iron ore production fall q-o-q but improve from Q1 in 2023. The sequential reduction resulted mainly…
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