Rio Times
Usiminas Profit Jumps 236% But Faces Slower Quarter Ahead
Usiminas posted net profit of R$ 428.2 million (about US$84 million) in 2Q26, up 236% year-on-year but down 52% sequentially. Adjusted EBITDA beat expectations at R$ 761.3 million, yet management warns of pressure ahead. The post Usiminas…
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