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31 Jul
11:27

Usiminas Q2 steel production falls, mining performance improves

Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais (Usiminas)’s crude steel production fell in the second quarter. During the period, rolled products output improved on-quarter but was weaker on-year, the company says in its latest earnings report monitored by Kallanish. The company's mining arm, Mineração Usiminas (Musa), saw its iron ore production rise on-quarter in Q2. The improvement resulted mainly from the rec…
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