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Sergio Leite, president of Usiminas, confirmed the reactivation of blast furnace 2 for June this year, with job creation in Ipatinga, Minas Gerais
In an interview conducted online last week, the president of Usiminas, Sergio Leite, confirmed the reactivation of blast furnace 2 for June 1st of this year. The site, which had been paralyzed since April last year, due to the pandemic, has a production capacity of around two thousand tons of pig iron per day. With the reactivation, many jobs will be created in the city of Ipatinga, in the state of Minas Gerais. See also: Usiminas opens selection process for candidates without experience from all areas of technical and higher education in SP, MG and more, for internship vacancies 2021
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Production and job creation with the reactivation of blast furnace 2
In an interview to the press, the president of Usiminas, Sergio Leite, pointed out that the company has a large investment plan for this year. Usiminas, which jumped from an almost imminent bankruptcy process to a prominent role in its segment, will make contributions of around R$ 1,5 billion, contributing to the creation of jobs in the state of Minas Gerais.
The CEO of Usiminas says that there will be hundreds of projects, involving different segments, with the potential to generate thousands of jobs. Sergio also stated that a large part of these investments will be destined to the Ipatinga plant, in the state of Minas Gerais. He also states that they are returning to blast furnace 2 operation on June 1st, and confirms that these investments, in addition to generating job openings during their implementation, will also generate jobs for the operation, from the operation of the equipment.
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With the reactivation of blast furnace 2, in the state of Minas Gerais, the president of Usiminas stated that the impact in terms of production will be 60 thousand tons per month of pig iron and more than 60 thousand tons of slabs/month, which would an increase in production of more than 700 thousand tons/year.
See also: Usiminas announces that it will invest R$ 1,5 billion this year
Usiminas informed, in a note, at the beginning of this year, that it plans to invest around BRL 1,5 billion in 2021 in steel, mining and transformation units, according to the company's guidence. In the document, the company also highlighted the steel sales forecast, which is around 1,2 million tons, while the sale of iron ore should be around 9 million tons.
The company reversed the loss of BRL 424 million, recorded in the first quarter of 2020, the height of the crisis, and had a net profit of BRL 1,2 billion between January and March of this year. Ebitda (an indicator widely used to analyze publicly traded companies) in turn, reached R$ 2,4 billion, an increase of 325% compared to the same period last year.
