Dossier
Steel division
Coverage of Steel division in the Nexus archive.
- Brazilian Steelmaker Usiminas Doubles Profit to $210 Million; BlackRock Trims Stake
Brazilian steelmaker Usiminas reported a 166% year-on-year increase in net earnings to R$896 million ($177 million) in Q1 2026, driven by a 140% rise in its steel unit's EBITDA to R$544 million ($107 million). BlackRock reduced its stake in the company.