Usiminas Rebounds: Strong Q3 Results Spark Market Optimism

Usiminas, a leading Brazilian steel producer, has reported impressive third-quarter results for 2024, marking a significant turnaround from previous periods. The company’s performance has reignited investor confidence, with its shares (USIM5) surging by nearly 6% in early trading on October 25, 2024. The steelmaker posted a net profit of R$185 million ($33 million) for Q3 […]

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