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15 Jul
10:52

Banco do Brasil foresees Usiminas second-quarter improvement

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) is set to show improved results in the second quarter of 2019 influenced by a number of factors. These include positive local demand and higher prices for raw materials in the international market amid increased production costs. So says Banco do Brazil (BB) in its short-term investor services outlook on the Brazilian steel sector monitored by Kallanish. The second quarter is ex…
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