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Usinas Siderúrgicas de Minas Gerais: Strong Q3 with higher sales, improved margins, and lower leverage amid import pressures

Usinas Siderúrgicas de Minas Gerais: Strong Q3 with higher sales, improved margins, and lower leverage amid import pressures

Usinas Siderurgicas De Minas Gerais Sa-usiminasOctober 25, 20244
Usinas Siderúrgicas de Minas Gerais: Strong Q3 with higher sales, improved margins, and lower leverage amid import pressures

About this update from Usinas Siderurgicas De Minas Gerais Sa-usiminas

Operational efficiency and cost reductions drove a strong Q3, with net revenue up 7% and EBITDA margin at 6%. Domestic steel sales rose 10% year-over-year, and leverage improved to 0.38, despite ongoing challenges from imports and volatile iron ore prices.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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