Usinas Siderúrgicas de Minas Gerais S.A. USNZY

Company Overview

Usinas Siderúrgicas de Minas Gerais S.A. (commonly known as Usiminas) is a Brazilian integrated steel producer operating primarily in the steel and mining industries. The company manufactures flat steel products used in automotive, construction, capital goods, energy, packaging, and industrial applications. Its operations span steel production, iron ore extraction, steel processing, logistics, and distribution services. Usiminas is publicly traded in Brazil and its American depositary receipts trade in the United States under the ticker USNZY.

Usiminas’ principal revenue drivers are its Steel Industry, Mining, and steel transformation businesses. The company is recognized as one of Brazil’s largest flat steel producers and has historically maintained strong relationships with automotive manufacturers and industrial customers in Brazil and Latin America. Founded in 1956 with support from the Brazilian government and Japanese industrial groups, the company developed as a strategic industrialization project in Brazil’s state of Minas Gerais. Over time, it expanded from integrated steelmaking into mining, logistics, downstream steel processing, and industrial solutions.