Usiminas is one of Brazil's oldest steelmakers, built to supply the country's car and appliance industries. Today it is a case study in how a cyclical industry can swing from profit to deep loss in a single year. Full nameUsinas Siderúrgicas de Minas Gerais S.A. Tickers / exchangeUSIM3 (common), USIM5 (preferred) / B3, São Paulo HeadquartersBelo Horizonte, Minas Gerais, Brazil SectorBasic Materials — Steel EmployeesNot disclosed in available sources Market valueR$ 8.46 billion (US$ 1.69 billion) Yearly salesR$ 24.78 billion (US$ 4.94 billion) Net profitLoss of R$ 3.08 billion (US$ …
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