Usiminas ups distribution market share to 23%

Dec 19, 2008 | 11:48 AM | Mick Bowen

After snatching up Brazil's largest independent steel distributor for 160 million reais ($68 million), Usinas Siderurgicas de Minas Gerais SA (Usiminas) will command a 23-percent share of the country's steel distribution segment, up from 15 percent previously, Paulo Penido Pinto Marques, the company's chief financial officer, said during a....

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