Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Marcelo Chara
- Full Time Employees
- 15,233
- Sector
- Basic Materials
- Industry
- Steel
- Address
- Av. do Contorno, 6594 Belo Horizonte MG Brazil 30110-044
- IPO Date
- Jan 5, 2010
- Website
- usiminas.com
- Similar Companies
- Business
- Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) manufactures and markets flat steel products in Brazil and internationally. The company produces slabs, hot-rolled coils and sheets, cold-rolled coils and sheets, hot-dip galvanized steel, electrogalvanized steel, thick plates, hot strips, and tin mill products; extracts and processes iron ore including pellet feed, sinter feed, and granulated iron ore; provides mining and logistics services such as storage, handling, road and rail cargo transportation, and operation of highway and railway terminals; offers steel transformation solutions including hot-dip galvanizing, texturing and chrome plating of cylinders, rectification of rolling mill rolls, and distribution center operations; and manufactures and installs capital equipment for various industries along with technology transfer and project management services for civil construction and capital goods. Usiminas operates primarily through its Mining and Logistics, Steelmaking, Steel Transformation, and Capital Assets segments, serving automotive, construction, distribution, energy, white goods, oil and gas, machinery, equipment, railway, naval, and agricultural markets mainly in Brazil with exports to international destinations. Founded in 1956 and headquartered in Belo Horizonte, Brazil, the company maintains major production facilities at its Ipatinga plant in Minas Gerais and Cubatão plant in São Paulo. In November 2025, Ternium Investments agreed to acquire the remaining shares of Usiminas from Nippon Steel Corporation and Mitsubishi Corporation for approximately $315 million, increasing Ternium's controlling stake from 51.5% to 83.1% pending antitrust approval; earlier in July 2025, the Batista family acquired a 5.08% stake from Companhia Siderúrgica Nacional; and Usiminas continues its 2023-2026 investment plan totaling around $712 million focused on refurbishing blast furnace No. 3, steel conversion areas, and coke plants at Ipatinga to enhance operational efficiency and environmental performance.
USNZY vs. STLD: Which Stock Is the Better Value Option?
Should Value Investors Buy Usinas Siderurgicas de Minas Gerais (USNZY) Stock?
USNZY or STLD: Which Is the Better Value Stock Right Now?
What Makes Usinas Siderurgicas de Minas Gerais SA (USNZY) a Strong Momentum Stock: Buy Now?
Are Investors Undervaluing Usinas Siderurgicas de Minas Gerais (USNZY) Right Now?
Usinas Siderurgicas de Minas Gerais SA (USNZY) Hit a 52 Week High, Can the Run Continue?
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Usinas Siderurgicas de Minas Gerais (USNZY)
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q1 2026 Earnings Call Transcript
Best Value Stocks to Buy for April 14th
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q4 2025 Earnings Call Transcript
Critical Survey: Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) & L.B. Foster (NASDAQ:FSTR)
Usinas Siderurgicas de Minas Gerais (OTCMKTS:USNZY) Trading 2.9% Higher – Here’s What Happened
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Shareholder/Analyst Call Transcript
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q3 2025 Earnings Call Transcript
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q1 2025 Earnings Conference Call Transcript
Is Usinas Siderurgicas de Minas Gerais (USNZY) Stock Undervalued Right Now?
Should Value Investors Buy Usinas Siderurgicas de Minas Gerais (USNZY) Stock?
Best Income Stocks to Buy for May 15th
New Strong Buy Stocks for May 15th
Fast-paced Momentum Stock Usinas Siderurgicas de Minas Gerais (USNZY) Is Still Trading at a Bargain