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29 Jul
13:48

Mineração Usiminas second-quarter production recovers

Mineração Usiminas (Musa), the mining arm of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas), saw its performance improve in the second quarter. Production and sales rose both over Q1 and year-on-year following higher levels of rainfall in Brazil in the first three months, Kallanish notes. Musa’s second-quarter iron ore production reached 2.34 million tonnes, up 35% on-quarter and 7% more y-o-y. Cumulative output was …
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