It’s reported that Brazil’s steelmaker Usinas Siderurgicas de Minas Gerais SA (Usiminas) posted a net loss of BRL22 million for the second quarter of this year, improving from a net loss of BRL6.5 million in the same period of ...
Usinas, the Brazilian steelmaker, is going to increase its steel prices for distributors by 12% next month. The new price adjustment will apply to some steel products and ranges from 6% to 12%. The policy of price up is expected to ...
Tags: steelmaker, steel, steel prices
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA (Usiminas) reported loss in the fourth quarter as weak market demand draw down the performance of strong sales and massive turnaround in operations. Usiminas posted a ...
Tags: Usiminas, operation earnings, loss
Reportedly, Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA (Usiminas) planned to stop the operation in Cubatão facility and it will not affect the company’s business. Currently, Usiminas has eight ...
Tags: steelmaker, Usinas, steel
Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) and various entities affiliated with CSN have filed a lawsuit against Tenaris SA's Brazilian subsidiary Confab Industrial SA and various subsidiaries of Ternium SA. The ...
Tags: steelmaker, CSN, steel industry
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
It’s reported that Brazilian Usinas Siderurgicas de Minas Gerais (Usiminas) announced to supply special heavy plates to energy tubular maker TenarisConfab for a Petrobras project to explore oil extraction in Brazil's deep-sea pre-salt ...
Tags: drilling pipe industry, Petrobras project, energy tubular maker
Reuters reported that Brazilian flat steelmakers led by Cia Siderúrgica Nacional SA will raise prices as early as this month,in a move that may face mild resistance from clients as inventory remains low. As per report"CSN announced ...
Brazil's Ministry of International Trade and Industry has announced that it has terminated its antidumping duty investigation regarding flat rolled product imports from the Russian Federation. The investigation regarding flat rolled ...
Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...
It’s reported that Brazilian Usinas Siderurgicas de Minas Gerais (Usiminas) announced its financial report for the third quarter of this year. In the third quarter of this year, the company realized net sales of BRL3.4 billion, ...
Tags: Usinas Siderurgicas de Minas Gerais, financial report, profit rise