About Usinas Siderúrgicas de Minas Gerais

Usinas Siderúrgicas de Minas Gerais S.A. operates in the distribution and steel processing, in addition to services and small-diameter tubes fabrication markets. The company offers to its customers high-value added products and serves various economic segments, such as automotive, auto parts, civil construction, electro-electronics, machinery and equipment and household appliances, among others. The company offers products, such as sincron, hot strips, cold rolled products, electrogalvanized and hot-dip galvanized. The integrated operation and focus on added value of the company’s products allows it to offer the portfolio of flat steel in the Brazilian steel industry. Major Appliance The company’s products are used in various Brazilian homes and are used by the manufacturers of stoves, refrigerators, washing machines and other consumer goods – such as safes and furniture. Agricultural and Highway Machinery The company offers the portfolio in the Brazilian steel industry for the agricultural and highway machinery segments. Civil Construction The company supplies flat rolled steel for structures in the civil construction business in Brazil. The applicability of the company’s steel is all around, from the wheelbarrow to structures for bridges, buildings, housing and soccer stadiums, among others. The company supplies steel for the federal government’s housing program ‘My House My Life’. It also took part in the modernization of the soccer stadiums for World Cup 2014 and the projects for the 2016 Olympics. Energy Fundamental for Brazil’s development, the energy market receives primary investments to meet the improving demand. Automakers The company maintains constant work to develop the appropriate steel grades for the different customers in this segment, in addition to systematically develop the solutions and steelmaking trends worldwide. Thus, the company seeks to meet the needs in improvement in automobiles by means of weight reduction of its components. Autoparts and Satamped Products Developing solutions aligned to the needs of the market and work in an integrated manner with customers is the way the company contributes to the progress of the automobile industry. The company develops solutions in such a way as to meet the present needs of weight reduction and increasing passenger safety, thus contributing to reduce the emission of pollutants. The company has an approximately 150 partners operating in the distribution market in the four corners of Brazil. To serve customers of all sizes and facilitate access to the company’s products, these partners have become a major part in the development of this segment. Major distributors have their own steel transformation line, which aggregates value to the product and increases the pool of possibilities and solutions for the market. In this manner, distribution covers both resellers, such as processors that, from flat rolled steel, develop tubes, profiles, roofing, gutters, slits, blanks and sheets, among others. History Usinas Siderúrgicas de Minas Gerais S.A. was founded in 1950.

Country
Industry:
Steel works, blast furnaces, and rolling and finishing mills
Founded:
1956
IPO Date:
02/09/1999
ISIN Number:
I_BRUSIMACNPA6
Address:
Avenida do Contorno, 6.594, Savassi, Belo Horizonte, Minas Gerais, 30110-044, Brazil
Phone Number
55 31 3499 8110

Key Executives

CEO:
Chara, Marcelo
CFO
da Fonseca Rodrigues, Thiago
COO:
Data Unavailable