AT A GLANCE: Usiminas Q2 earnings hit record high on better sales and prices

July 31, 2021 / www.metalbulletin.com / Article Link

A summary of Brazilian flat steel and iron ore producer Usiminas' results for the first quarter of its financial year to the end of June.

Adjusted earnings at Usiminas reached a record high of 5.07 billion Reais ($996 million) in the second quarter, an increase from 192 million Reais a year earlier, mainly because of higher volumes and prices in the company's main segments, it said.
In brief

Higher prices in all Usiminas's steel product lines boosted results in...

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