Usinas Siderurgicas de Minas Gerais SA - Company Profile
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Usinas Siderurgicas de Minas Gerais SA (Usiminas) is a publicly-held company operating in the steel industry and related activities, including iron ore extraction and logistics. The company produces a range of steel products such as thick plates, hot strips, cold rolled, electrogalvanized, and hot-dip galvanized steel. Usiminas utilizes advanced technologies like the thermo mechanical control process (TMCP) and continuous on-line control (CLC) technology, transferred by Nippon Steel & Sumitomo Metal Corporation, to manufacture its products. The company's products serve various industries, including automotive, distribution, energy, white goods, oil and gas, and machinery and equipment. Usiminas operates through a network of service and distribution centers, maritime ports, and cargo terminals strategically located across Brazil. The company also operates steel mills located in Brazil. Usiminas is headquartered in Belo Horizonte, Minas Gerais, Brazil.
Headquarters
Brazil
Address
Avenida Do Contorno, 6.594, Savassi, Belo Horizonte, Minas Gerais, 30.110-044
Website
www.usiminas.com
Telephone
55 31 34998110
No of Employees
51,182
Industry
Metals and Mining
Ticker Symbol & Exchange
USIM5 (SAO)
Revenue (2024)
$4.7B
1.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2009.1%
(2024 vs 2023)
Market Cap*
$1.6B
Net Profit Margin (2024)
XYZ
-1,992.9%
(2024 vs 2023)
* As of and is in US$
Usinas Siderurgicas de Minas Gerais SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Thick Plates | Distribution |
| Hot Strips | Logistics |
| Cold Rolled | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In July, the company launched its Research and Development Center in Latin America. |
| 2026 | Others | In June, the company began constructing the New Port of Manaus Moderna in the Northern region of Brazil, supplying 16,000 tons of steel. |
| 2025 | New Products/Services | In November, the company introduced a new page on its website to bring its main environmental initiatives together in one place. |
Competitor Comparison
| Key Parameters | Usinas Siderurgicas de Minas Gerais SA | Vale SA | Gerdau SA | Companhia Siderurgica Nacional | Panatlantica SA |
|---|---|---|---|---|---|
| Headquarters | Brazil | Brazil | Brazil | Brazil | Brazil |
| City | Belo Horizonte | Rio De Janeiro | Sao Paulo | Sao Paulo | Gravatai |
| State/Province | Minas Gerais | Rio de Janeiro | Sao Paulo | - | Rio Grande Do Sul |
| No. of Employees | 51,182 | 64,610 | 30,000 | 24,924 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcelo Chara | Chief Executive Officer | Senior Management | - | - |
| Americo Ferreira Neto | Vice President - Industrial | Senior Management | 2020 | - |
| Elias de Matos Brito | Chairman | Executive Board | - | - |
| Diego Eduardo Garcia | Vice President - Finance and Investor Relations | Senior Management | - | - |
| Gino Eugenio Ritagliati | Vice President - Corporate Planning | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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