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Usiminas Reported That The Production Of Rolled Steel In October Was 3.3% Higher Than In March And 9.4% Higher Than The Average In The Previous Year
Usiminas, a leader in the production and marketing of flat rolled steel, reported yesterday – November 5 – that the production and sales of rolled steel in October were higher than in March (pre-pandemic) and the total average of last year.
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Production reached 370.5 thousand tons, 3.3% higher than March and 9.4% more than the average for 2019. Meanwhile, sales reached 366.3 thousand tons, 4.9% higher than the pre-pandemic period and 7.1% higher than the average in the previous year.
Sales for the domestic market represented 97% of the total, totaling 354.4 thousand tons, which is 17.8% higher than the first three months of the year and 15.6% higher than the average in 2019.
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About Usiminas:
Usiminas is a leading company in the steel sector for the production and marketing of cold and hot rolled flat steel, coils, plates, and coated products, primarily aimed at the capital goods and white goods sectors, as well as the automotive industry.
The Usiminas System stands out as the largest flat steel integrated complex in Latin America and one of the 20 largest in the world. Usiminas is the leader of the System, composed of companies that operate in steelmaking and in businesses where steel has strategic importance. It currently designates a pool of various companies and is committed to transparency in its relationship with the capital market.
Today, it has the largest and most innovative Research and Development Center in steelmaking in Latin America. The advances achieved by the steelmaker in recent years ensure innovation, technology, and quality in all production lines, allowing the company to offer the market a diversified portfolio, with a focus on high value-added products and services.
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