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18 Feb
10:48

Usiminas forecasts iron ore, steel output growth

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) plans to increase its iron ore and steel production during 2019. So said the company’s ceo, Sergio Leite, during the fourth-quarter earnings conference call monitored by Kallanish. “We were expecting to surpass 8 million tonnes of iron ore production in 2019,” Leite said. “This is a significant increase compared to the current 5.7mt. Our expansion plan has bee…
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