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Usiminas announces an investment plan of R$ 3,6 billion, generating 8 jobs in Vale do Aço, in Minas Gerais

Written by Ruth Rodrigues
Published 19/01/2023 às 09:46
Updated 31/01/2023 às 03:22
The company intends to make strong investments over the next 3 years in the steel industry in Minas Gerais. With the works in the Vale do Aço region, Usiminas expects to generate more than 8 jobs in the state.
Photo: Usiminas/Disclosure

The company intends to make strong investments over the next 3 years in the steel industry in Minas Gerais. With the works in the Vale do Aço region, Usiminas expects to generate more than 8 jobs in the state.

This past Wednesday (18/01), the governor of Minas Gerais, Romeu Zema, joined representatives of the company Usinas Siderúrgicas de Minas Gerais (Usiminas) to discuss the future of the state's market. The steelmaker presented an investment plan of R$ 3,6 billion for the next 3 years in the Vale do Aço region. The Blast Furnace 3 renovation works and the expansion of production could generate more than 8 jobs in the state. 

8 new jobs will reach residents of Minas Gerais over the next 3 years with new Usiminas investment plan in Vale do Aço

The mining and steel market in Minas Gerais remains the highlight of the state in 2023. Investment opportunities in the sectors attract companies from all over the world to ventures in the area. 

The company Usiminas, leader in the Vale do Aço region, announced a new investment plan of BRL 3,6 billion for the years 2023 to 2026. 

The CEO of Usinas Siderúrgicas de Minas Gerais (Usiminas), Alberto Akikazu Ono, and the Corporate Director of Sustainability and Institutional Relations, André Chaves, joined Governor Romeu Zema this Wednesday. 

The meeting took place in Cidade Administrativa, to discuss the future of the company's operations in the steel industry in the region. 

The government of the state of Minas Gerais has been seeking new investments and job creation for its residents. 

With the company's expansion project for the coming years, more than 8 job opportunities should be delivered by 2026. 

According to Ono, of the amount that will be contributed, BRL 2,7 billion will be allocated to the renovation of Blast Furnace 3 (started in 2019). 

This is the main focus of the company Usiminas for the Vale do Aço region in the coming years, due to the high production potential. 

In the steelworks, BRL 893 million will also be invested in renovations, in addition to BRL 1,1 billion in the recovery and renovation of Coke Plants 2 and 3.

Romeu Zema reinforces the importance of Usiminas in generating jobs and income in the state of Minas Gerais

Usiminas' investments in the state of Minas Gerais have been recognized nationally, due to the benefits offered in the Vale do Aço region.

The works will bring operational improvements and environmental benefits to the equipment that has been in operation for 23 years. 

The company hopes not only to achieve a strong expansion in the Minas Gerais market, but also to contribute to the socioeconomic development of the state. 

Governor Romeu Zema highlighted the company's importance not only for the state's income, but also for new job opportunities for residents of the region. 

"Investments of this magnitude generate opportunities for a large chain of suppliers, local and state," said the executive.

In 2021, the Usiminas Group generated R$ 499 million in Tax on Circulation of Goods and Provision of Services (ICMS). In 2022, until November, the value was R$ 577 million. Of the group's 15 employees, 12 are in Minas.

With the new investment plan, Usiminas expects to contribute even more to the creation of jobs and the growth of Vale do Aço, in Minas Gerais. 

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Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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