Home Usiminas to restructure capital goods, engineering arm on persistent losses Brazil's largest flat steel producer, Usiminas, is to restructure its capital goods and engineering subsidiary to serve its core business after five years of sustained losses and unsuccessful divestment attempts. Usiminas Mecânica will now focus on providing services to the parent company and its other subsidiaries and move away from external projects, the company said - although existing contractual agreements will be honored. The Usiminas board of directors approved the plan on Wednesday June 24. “This restructuring... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Renato Rostás June 25, 2020 17:45 GMT São Paulo Keywords Usiminas Usiminas Mecânica Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
