AT A GLANCE: Usiminas FY adjusted earnings fall 27%

A summary of Brazilian flat steel producer Usiminas' earnings in 2019.

In brief

Adjusted earnings at Usiminas dropped in 2019 from a year earlier, which reflected a fall in steel sales over last year mainly due to a reduction in steel exports. The company also faced an increase of 9.9% in its average cash cost per tonne in its steel business because of...

Published

Felipe Peroni

February 14, 2020

17:30 GMT

São Paulo

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