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25 Oct
13:10

Usiminas sees steel production slip in third quarter

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas) saw its crude steel and rolled products output decrease slightly year-on-year in the third quarter. Iron ore production, however, showed positive performance during the period, the company says in its latest earnings report monitored by Kallanish. “The Brazilian economy is still recovering, but far below expectations,” says Usiminas president Sergio Leite. “Usi…
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