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10 Feb
12:06

Usiminas fourth-quarter steel production drops

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) saw crude steel output inch down on-quarter in the fourth quarter. Overall performance was also weaker compared to the same period in 2021, the company says in its latest earnings report monitored by Kallanish. Crude steel production was 650,000 tonnes in Q4, down 10,000t over the previous quarter and 10% on-year. Fourth-quarter rolled products output reached 1 million tonnes, down 3%…
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