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 39.74 billion Mexican Pesos [US$1.97 billion]
Grupo Simec SAB de CV
(35.96 billion Mexican Pesos [US$1.78 billion]
based in CHILE
(2.11 trillion Chilean Pesos [US$2.97 billion]
of which 68%
During the year ended December of 2020, sales at
Usinas Siderurgicas de Minas Gerais SA USIMINAS were 16.09 billion Brazilian Reals (US$2.83 billion).
increase of 7.6%
versus 2019, when the company's sales were 14.95 billion Brazilian Reals.
This was the fourth straight year of sales growth at Usinas Siderurgicas de Minas Gerais SA USIMINAS.
Sales of Mining and Logistics saw an increase
that was more than double the company's growth rate: sales were up
94.0% in 2020, from
1.99 billion Brazilian Reals to 3.86 billion Brazilian Reals.
Not all segments of Usinas Siderurgicas de Minas Gerais SA USIMINAS experienced an increase in sales in 2020:
sales of Capital Goods fell 39.8% to 248.17 million Brazilian Reals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Usinas Siderurgicas de Minas Gerais SA USIMINAS also experienced decreases in sales in
Steel (down 2.7% to 12.37 billion Brazilian Reals)