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$1.40 billion] of which 49% was Mining), Industrias CH SAB de CV of MEXICO (37.77 billion Mexican Pesos [US$1.69 billion] of which 41% was Steel - Special), and Grupo Simec SAB de CV which is also based in MEXICO (34.17 billion Mexican Pesos [US$1.53 billion] ).

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$2.79 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) .