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10 Feb
12:03

Mineração Usiminas sees production fall in 2022

Mineração Usiminas (Musa), the mining arm of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas), saw production reduce in the fourth quarter of 2022, Kallanish notes. Musa’s Q4 iron ore output reached 2.31 million tonnes, down 8% on-quarter and also 143,000 tonnes less y-o-y. Full-year production totalled 8,904,000t, a fall of 3% over 2021. Q4 sales rose 7% over the previous quarter to 2.4mt. This volume, however, was 8…
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