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Usiminas Gains as Nippon Steel Seeks to Hold Talks With Ternium

2014-10-02 04:58:18| Steel - Topix.net

Usinas Siderurgicas de Minas Gerais SA gained the most in almost four weeks after Nippon Steel & Sumitomo Metal Corp. said it's planning to hold talks with fellow shareholder Ternium SA to discuss a new management. Usiminas, as Brazil's second-biggest steelmaker is known, gained 2.2 percent at the close in Sao Paulo today, the most since Sept.

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