Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY), commonly known as Usiminas, is a leading Brazilian steel producer headquartered in Belo Horizonte. Established in 1953, the company has grown to become one of the largest flat steel manufacturers in Latin America. Its operations span the entire steel value chain, from iron ore mining through its affiliate Mineração Usiminas to the production and distribution of finished steel products. Usiminas operates multiple integrated steel mills, covering the processes of coke production, sintering, blast furnace ironmaking and steel refining.
The company’s product portfolio includes hot- and cold-rolled steel, galvanised and tin-plated sheets, heavy plates and coated coils, which are supplied to diverse end markets such as automotive, construction, machinery and electrical equipment. Usiminas also offers custom steel solutions and value-added services like slitting, cutting and coating, tailored to industry-specific requirements. Its modern distribution network ensures reliable deliveries across domestic and international markets, with exports directed to neighboring South American countries as well as Europe and Asia.
Throughout its history, Usiminas has invested in capacity expansions, technological upgrades and sustainability initiatives, aiming to enhance efficiency and reduce environmental impact. In recent years, the company has implemented projects to lower carbon emissions, optimise energy consumption and increase the use of renewable sources. These efforts underscore Usiminas’s commitment to sustainable steel production and adherence to global environmental standards.
Under the leadership of Chief Executive Officer Marcelo Spinelli, Usiminas continues to focus on operational excellence, cost management and strategic partnerships. The company’s governance structure includes an experienced board of directors and specialized committees overseeing risk management, finance and sustainability. As Usiminas pursues growth opportunities in Brazil’s infrastructure and industrial sectors, it maintains a strong emphasis on innovation, quality and customer service to sustain its position in the competitive steel market.
