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3 results for “USIM5”

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries
PROPolitics• Aug 06

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries

President Lula established a new council to expedite R$18.5 billion in subsidized BNDES financing for sectors including steel and auto, facing US tariffs.

Usiminas Posts R$761 Million Q2 EBITDA Beat, But Non-Recurring Gains and Q3 Margin Pressure Temper Enthusiasm
PROInvesting• Aug 03

Usiminas Posts R$761 Million Q2 EBITDA Beat, But Non-Recurring Gains and Q3 Margin Pressure Temper Enthusiasm

Brazilian steelmaker Usiminas (USIM5) reported better-than-expected Q2 EBITDA, but analysts warn recurring profitability will fall in Q3 due to rising costs.

Usiminas 2Q26 Earnings Beat Overshadowed by Non-Recurring Gains and Sharp Cost Pressure
PROInvesting• Aug 03

Usiminas 2Q26 Earnings Beat Overshadowed by Non-Recurring Gains and Sharp Cost Pressure

Brazilian steelmaker Usiminas (USIM5) reported adjusted Q2 EBITDA above expectations, but investors reacted negatively due to inflation from one-off gains and a 14% jump in cash costs.