OTC Markets OTCPK - Delayed Quote • USD Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Follow Compare 1.1000 +0.0200 (+1.85%) At close: November 22 at 3:25 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Usinas Siderurgicas de Minas Gerais SA (USNZY) Q3 2024 Earnings Call Highlights: Record ... Usinas Siderurgicas de Minas Gerais SA (USNZY) reports significant growth in revenue and profit, overcoming market challenges with strategic efficiency and cost management. UPDATE 2-Steelmaker Ternium posts tenfold profit leap on boost from Usiminas volumes Steelmaker Ternium reported fourth-quarter net income of $414 million, a more than tenfold leap compared with the same period in 2022, as volumes jumped thanks to the inclusion of shipments from Brazil's Usiminas, the company said on Tuesday. Steel shipments grew 34% year-over-year to 4.04 million metric tons, Ternium said, backed by the consolidation of Brazilian steelmaker Usiminas, which added an additional 1.0 million tons to the total. Ternium and a subsidiary of affiliate Tenaris boosted their stake in Usiminas to 51.5% last year. UPDATE 1-Usiminas posts Q4 profit of 975 million reais Brazilian steelmaker Usiminas on Friday reported a fourth quarter net profit of 975 million reais ($195.58 million)reversing the negative results of the previous three months and a year earlier, according to a securities filing. The result was driven in part by "greater recoverability of tax losses amounting to 495 million reais", about $99 million, according to the statement. The company said in the first quarter it expects steel sales volume and net revenue per ton to be stable compared to the last three months of 2023. Performance Overview Trailing total returns as of 11/22/2024, which may include dividends or other distributions. Benchmark is IBOVESPA Return USNZY IBOVESPA YTD -41.52% -3.77% 1-Year -26.43% +2.80% 3-Year -42.73% +25.32%