Automobile production declined in January, the vehicle manufacturers association (Anfavea) says

The Brazilian automotive industry produced 221,800 vehicles in January, down 11.4% from the same period in 2011. This figure is broken down into 207,300 light vehicles, 3,400 trucks and 1,100 buses. The exports, for their turn, totaled 33,100 units, up 6.9% from January 2011 figures. In January, 268,300 units were registered, a 9.6% rise from […]


Usiminas signs contract with Steel Valley suppliers under the Opportunity Prospect Program

Seis Six companies from the Steel Valley have just entered into an agreement with Usiminas’ Ipatinga steelworks to provide material and machining services. The contracts were signed last Tuesday (January 24) and they cover the next 24 months. This is the first outcome of the Opportunity Prospect Program launched last year by Usiminas with an […]


Usiminas has a new shareholders’ agreement and announces its new CEO

The focus is to further improve the company competitiveness Usiminas’ new shareholders’ agreement was made official this Monday (January 16). It establishes the Company’s new controlling block, made up of Nippon Group with 29.44% of the common shares, Tenaris and Ternium, companies of Techint Group, with 27.66%, and Usiminas Employees Pension Fund, with 6.75%. The […]


Usiminas Mecânica will built new railroad cars factory in Congonhas (MG)

The project will bring productivity gains and higher value added Usiminas Mecânica, Usiminas group’s arm for capital goods, has just entered into a Memorandum of Understanding with RCC Holding to build a railroad car factory in Congonhas, state of Minas Gerais. The agreement contemplates investments of R$ 32 million by RCC Holding in industrial infrastructure […]