Brazilian steelmaker Usiminas is currently operating at 42% of its rolling capacity for flat steel, chief executive officer Sergio Leite told reporters on the sidelines of the Brazilian Steel Conference on Wednesday August 21.

Brazilian steelmaker Usiminas is currently operating at 42% of its rolling capacity for flat steel, chief executive officer Sergio Leite told reporters on the sidelines of the Brazilian Steel Conference on Wednesday August 21. Weak market conditions were restricting the throughput at the company’s Cubatão and Ipatinga units, while global trade protectionism was preventing the…