Usinas Siderurgicas de Minas Gerais SA

Overview

Usinas Siderurgicas de Minas Gerais SA (Usiminas) is a steel manufacturer. It carries out the production, distribution and processing of flat-rolled steel, and offers logistics and distribution services. Its product portfolio includes heavy plate, sincron, hot rolled strip, cold rolled sheets, electro galvanized coils and sheets, and hot-dip galvanized coils and sheets. It also carries out the manufacturing of equipment and installations for several industries. The company operates steel plants in Ipatinga, Minas Gerais; and Cubatao, Sao Paulo. It serves several markets such as automotive, civil construction, construction machinery, highways, energy, capital goods and major appliances. Usiminas is headquartered at Belo Horizonte, Minas Gerais, Brazil.
Key Stats
Address
Rua Professor Jose Vieira de Mendonca, 3011, Engenho Nogueira, BELO HORIZONTE, Brazil
Headquarters

Brazil

Contact

55 31 34998775

No of Employees

51,182

Industry

Metals and Mining

Ticker Symbol & Exchange​

USIM5 [SAO]

Revenue (2020)

$3,123 m

-17.6% (2020 vs 2019)
Net Income (2020)

$131 m

142.2% (2020 vs 2019)
Net Profit Margin

4 %

192.3% (2020 vs 2019)
Market Cap *

$3,645 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Usinas Siderurgicas de Minas Gerais SAVale SAGerdau SACompanhia Siderurgica Nacional
Key Information
Headquarters Brazil Brazil Brazil Brazil
Headquarter City BELO HORIZONTE RIO DE JANEIRO SAO PAULO SAO PAULO
Headquarter State/Province - - - -
No. of Employees 51,182 74,316 40,061 35,053
Entity Type Public Public Public Public

Products & Services

Usiminas is a steel manufacturer. Key products and services offered by the company include:

Products
  • Coated Steel
  • Slabs
  • Cold-rolled steel
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Distribution
  • Logistics
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Sergio Leite de Andrade Vice President -Commercial Area; Vice President- Technology and Quality; Chief Executive Officer Executive Board - - Mr. Sergio Leite de Andrade serves as the Chief Executive Officer, Vice President, Commercial, Technology and Quality, of the company....
Elias de Matos Brito Chairman Executive Board - - Mr. Elias de Matos Brito serves as the Chairman of the company.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2018 Commercial Operation In June, the company's subsidiary Mineracao Usiminas adopted new technology for waste disposal.
2018 Contracts/Agreements In July, the company through its subsidiary Solucoes Usiminas partnered with British consultancy firm, The…
2018 Commercial Operation In April, the company resumes the production of Blast Furnace 1 in Ipatinga.
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Mineracao Usiminas S.A.

Address

Rua Professor Jose Vieira, de Mendonca, Belo Horizonte
Brazil

Telephone

55 31 34998000

Usiminas Mecanica SA

Address

Rua Prof. Vieira, De Mendonca, 2nd Fl. Engenho Nogueira, Belo Horizonte
Brazil

Telephone

55 3134998662

Website

www.usiminasmecanica.com.br

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
10 Sep 2019 Usinas Siderurgicas de Minas Gerais Raises USD750 Million in Offering 5.875% Senior Notes Due 2026 Debt Offering Usinas Siderurgicas de Minas Gerais SA
02 Sep 2019 Usiminas Raises USD750 million in Bonds Offering Debt Offering Usinas Siderurgicas de Minas Gerais SA
11 Jul 2019 Usinas Siderurgicas de Minas Gerais Raises USD750 Million in Offering of 5.875% Bonds Due 2026 Debt Offering Usinas Siderurgicas de Minas Gerais SA
23 Aug 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
23 May 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
19 Feb 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit