Usiminas

Usinas Siderurgicas de Minas Gerais S.A - Usiminas
Sociedade Anônima
Traded as B3: USIM3, USIM5
BMAD: XUSIO, XUSI
Ibovespa Component
Industry Mining & Siderurgy
Founded 1956
Headquarters Belo Horizonte, Brazil
Key people
 Sergio Leite de Andrade, (CEO)
Products Steel
Revenue Increase US$ 3.2 billion (2017) [1]
Increase US$ 95.0 million (2017) [2]
Number of employees
 46,069
Website Usiminas

Usiminas is one of the largest producers 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. The Usiminas industrial complex is the largest plain steel complex in Latin America and one of the top 20 in the whole world. The company was one of the largest shareholders in the Argentine company Ternium, accounting for 14.2% of total capital.

Usiminas Headquarters in Belo Horizonte.

References

  1. ↑ Usiminas 2010 revenues of R$12.9/US$8.2 Billion
  2. ↑ Usiminas net income jumps 24% in 2010 for R$1.5Billion/US$1.0 Billion in 2010 fiscal year


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