Usinas Siderurgicas de Minas Gerais SA Usiminas operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Usinas Siderurgicas de Minas Gerais SA Usiminas with three other
steel companies in Latin America:
Industrias CH SAB de CV
sales of 30.74 billion Mexican Pesos [US$1.64 billion]
of which 49%
was Steel - Special),
(1.11 trillion Chilean Pesos [US$1.82 billion]
of which 58%
was Mining), and
Grupo Simec SAB de CV
based in Mexico
(27.52 billion Mexican Pesos [US$1.47 billion]
of which 28%
was Laminated Bars - Hot).
During the year ended December of 2016, sales at
Usinas Siderurgicas de Minas Gerais SA Usiminas were 8.45 billion Brazilian Reals (US$2.62 billion).
decrease of 17.0%
versus 2015, when the company's sales were 10.19 billion Brazilian Reals.
Contributing to the drop in overall sales was the 34.6% decline
in Capital Goods, from 868.60 million Brazilian Reals to 568.27 million Brazilian Reals.
There were also decreases in sales in
Steel (down 18.1% to 7.52 billion Brazilian Reals)
Steel Processing (down 3.7% to 1.85 billion Brazilian Reals)
Mining and Logistics (down 8.8% to 366.14 million Brazilian Reals)