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:
Cap SA
of CHILE
(2019
sales of 1.12 trillion Chilean Pesos [US$1.55 billion]
of which 49%
was Mining),
Grupo Simec SAB de CV
of MEXICO
(34.17 billion Mexican Pesos [US$1.74 billion]
of which 36%
was Dipsticks), and
Industrias CH SAB de CV
which is
also
based in MEXICO
(37.77 billion Mexican Pesos [US$1.93 billion]
of which 41%
was Steel - Special).
Sales Analysis.
During the year ended December of 2019, sales at
Usinas Siderurgicas de Minas Gerais SA USIMINAS were 14.95 billion Brazilian Reals (US$2.82 billion).
This
is
an
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 USIMINAS.
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 USIMINAS also saw significant increases in sales in
Steel Processing (up 15.2% to 3.73 billion Brazilian Reals)
and
Capital Goods (up 16.8% to 411.90 million Brazilian Reals)
.