Usinas Siderurgicas de Minas Gerais SA 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 with three other
steel companies in Latin America:
sales of 1.12 trillion Chilean Pesos [US$1.30 billion]
of which 49%
Industrias CH SAB de CV
(37.78 billion Mexican Pesos [US$1.54 billion]
Corporacion Aceros Arequipa S.A.
based in PERU
(3.13 billion Peruvian Sols [US$905.70 million]
During the year ended December of 2019, sales at
Usinas Siderurgicas de Minas Gerais SA were 14.95 billion Brazilian Reals (US$2.82 billion).
increase of 8.8%
versus 2018, when the company's sales were 13.74 billion Brazilian Reals.
This was the third consecutive year of growth at Usinas Siderurgicas de Minas Gerais SA.
Sales of Mining and Logistics saw an increase
that was more than double the company's growth rate: sales were up
83.3% in 2019, from
1.09 billion Brazilian Reals to 1.99 billion Brazilian Reals.
Usinas Siderurgicas de Minas Gerais SA also saw significant increases in sales in
Steel Processing (up 15.2% to 3.73 billion Brazilian Reals)
Capital Goods (up 16.8% to 411.90 million Brazilian Reals)