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12 Jun
10:48

Usiminas Cubatão produces well below capacity

The rolling plant of Brazilian group Usiminas in Cubatão, near São Paulo, is currently producing at a rate of 80,000 tonnes/month of hot rolled coil, according to local media. The plant is sourcing slab from other mills, following the closure of its steelmaking unit, as reported by Kallanish. Since 2015 the crisis in the Brazilian steel market has increased speculation over the mill in Cubatão, one of the largest in the country for flat…
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