Usinas Siderurgicas de Minas Gerais 10/25/2024 Earnings Report

Usinas Siderurgicas de Minas Gerais EPS Results

• Actual EPS: $0.02
• Consensus EPS: $0.01
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

Usinas Siderurgicas de Minas Gerais Revenue Results

• Actual Revenue: $1.23 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Usinas Siderurgicas de Minas Gerais Announcement Details

• Date: 10/25/2024
• Time: Before Market Opens
• Conference Call Date: N/A
• Conference Call Time: N/A

Usinas Siderúrgicas de Minas Gerais S.A., commonly known as Usiminas, is a Brazilian steel producer headquartered in Belo Horizonte, Minas Gerais. Founded in 1956, the company operates an integrated steelmaking complex in Ipatinga, Minas Gerais, and has historically been one of Brazil’s leading suppliers of flat steel products.

Usiminas manufactures products including hot-rolled and cold-rolled steel, galvanized steel, and heavy plates. These materials serve a range of industrial customers, including the automotive, construction, energy, machinery, and appliance sectors. The company also provides steel processing and distribution services through its commercial and service operations.

Beyond steel production, Usiminas has activities related to iron ore mining, logistics, and industrial equipment and services. Its operations primarily support the Brazilian market, while the company has also served international customers through steel exports. Usiminas is traded in Brazil under the ticker USIM5 and has American depositary securities traded over the counter in the United States under the symbol USNZY.