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[Ferro-Alloys.com]It’s reported that Brazilian Usinas Siderurgicas de Minas Gerais (Usiminas) announced its financial report for the third quarter of this year.

In the third quarter of this year, the company realized net sales of BRL3.4 billion, rising by 5.1% from a quarter ago.

Meanwhile, its sales volumes of steel products totaled 1.75 million tons in the third quarter, decreasing by 7.4% quarter on quarter. Among them, 72% were for domestic market and 28% were for export markets.

In the first three quarter of this year, the firm’s net sales amounted to BRL9.5 billion, up by 4.6% and its steel sales volumes totaled 5.15 million tons, increasing by 12.5%, both compared to that in the same period of a year ago.