27
Jul
13:18
Brazil's Usiminas sinks to second-quarter loss
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) posted year-on-year decreases for both net revenue and Ebitda in the second quarter of 2018. Crude steel output rose, while rolled products output fell slightly during the period, the company says in its latest earnings report monitored by Kallanish.
“Brazil was seriously impacted by the trucker’s national strike, which coincided with the significant depreciatio…
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Anonymous
Very good overview of the weekly steel market.
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