Mineração Usiminas suspended its Samambaia plant, up to 35 percent of output, as iron ore fell below US$100 and freight to China rose by
BRAZIL · MINING
Key Facts
—The shutdown Mineração Usiminas has idled its Samambaia plant at Itatiaiuçu in Minas Gerais.
—The share Sources put the unit at 30 to 35 percent of the company’s iron ore output.
—The jobs Around 300 dismissals are circulating locally. The company has not confirmed the figure.
Executivos também destacam o impacto do aumento do frete marítimo por conta da instabilidade geopolítica, que deve afetar os…
Em release com os resultados apresentados de abril a junho, o comando da companhia afirmou ter a expectativa de um aumento das…
Usiminas profit jumped 236% year-on-year to R$ 428.2 million in 2Q26, but fell 52% sequentially. EBITDA beat expectations.…
Usiminas tem lucro de R$ 428 milhões no 2º trimestre, alta anual de 236%
Vale's New York shares fell 4.30% to US$13.80 and CSN Mineração sank 5.18% as China steel demand fears hit iron ore proxies on…
Usiminas first-quarter profit more than doubles to R$896 million (about US$177 million) even as a regulatory filing shows…
