Usinas Siderúrgicas de Minas Gerais S.A. (USNZY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) trades at $1.73 with AI Score 45/100 (Grade C). Usinas Siderúrgicas de Minas Gerais S. A. (USNZY) is a Brazilian steel manufacturer operating across mining, steel metallurgy, and steel transformation. Market cap: $2.13B, Sector: Basic materials.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for USNZY: USNZY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates USNZY against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
USNZY: the 1 perspectives are evenly split.
How is this calculated? →Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Materials & Commodity Exposure
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) is a Brazilian steel manufacturer focused on flat steel products, operating across mining, metallurgy, and transformation. With a presence in both domestic and international markets, USNZY navigates the cyclical steel industry while managing its integrated supply chain from iron ore extraction to finished steel goods.
What Is the Investment Thesis for USNZY?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY), with a market capitalization of $2.13B, presents a complex investment case. The company's negative P/E ratio of -2.60 and a negative profit margin of -11.7% indicate current profitability challenges. However, the company's integrated operations, spanning from mining to steel transformation, offer potential for cost efficiencies and supply chain control. Key value drivers include the global demand for steel, infrastructure development in emerging markets, and potential improvements in operational efficiency. Upcoming catalysts include potential infrastructure projects in Brazil and globally that could increase steel demand. Potential risks include fluctuations in iron ore prices, currency exchange rate volatility, and the cyclical nature of the steel industry. Investors should closely monitor the company's ability to improve profitability and manage its debt levels.
Based on FMP financials and quantitative analysis
USNZY Key Highlights
- Market capitalization of $2.13B, reflecting its position as a significant player in the Brazilian steel industry.
- Negative P/E ratio of -2.60, indicating current losses and potential undervaluation if the company returns to profitability.
- Negative profit margin of -11.7%, highlighting the challenges in achieving profitability in the current market environment.
- Gross margin of 8.1%, reflecting the difference between revenue and the cost of goods sold, indicating potential for improvement through cost optimization.
- Beta of 1.10, suggesting that the stock is slightly more volatile than the overall market.
Who Are USNZY's Competitors?
USNZY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CKSNF Vesuvius plc | $4.42 | +0.00% | $1.08B | 44 |
| CUGCY China Oriental Group Company Limited | $4.20 | +0.00% | $781.74M | 42 |
| ERELY Eregli Demir ve Çelik Fabrikalari T.A.S. | $9.00 | +0.00% | $1.21B | 46 |
| HUIHY Huabao International Holdings Limited | $16.81 | -32.76% | $1.09B | 51 |
| KLKNF Klöckner & Co SE | $13.07 | -5.70% | $1.30B | 43 |
| FEEXY Ferrexpo plc | $1.65 | +0.00% | $242.70M | 54 |
| FEEXF Ferrexpo plc | $0.39 | +0.00% | $228.65M | 54 |
| MSB Mesabi Trust | $25.89 | +1.17% | $339.68M | 53 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are USNZY's Key Strengths?
- Vertically integrated operations
- Established market presence in Brazil
- Diverse product portfolio
- Access to iron ore resources
What Are USNZY's Weaknesses?
- Negative profitability
- High debt levels
- Exposure to cyclical steel industry
- Dependence on Brazilian market
What Could Drive USNZY Stock Higher?
- Potential infrastructure projects in Brazil could increase steel demand.
- Government policies supporting domestic steel production in Brazil.
- Global economic recovery driving increased demand for steel.
What Are the Key Risks for USNZY?
- Financial-distress signal — its Altman Z-Score of 1.66 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-13.7%) — the business is not currently generating profit on shareholder capital.
- Fluctuations in iron ore prices impacting profitability.
- Currency exchange rate volatility affecting ADR value.
- Cyclical nature of the steel industry leading to fluctuating demand.
- Increased competition from other steel manufacturers.
- Changes in trade policies and tariffs impacting international sales.
What Are the Growth Opportunities for USNZY?
- Infrastructure Development in Brazil: Brazil's infrastructure development plans represent a significant growth opportunity for USNZY. As the government invests in roads, bridges, and other infrastructure projects, the demand for steel is expected to increase. USNZY, as a domestic steel producer, is well-positioned to capitalize on this demand. The timeline for these projects varies, but ongoing investments are expected to drive demand in the medium term. The market size for steel in infrastructure projects is estimated to be substantial, potentially reaching billions of dollars over the next decade.
- Expansion into International Markets: USNZY has the opportunity to expand its presence in international markets, particularly in regions with growing demand for steel. By diversifying its geographic footprint, the company can reduce its reliance on the Brazilian market and mitigate the impact of domestic economic cycles. The timeline for international expansion depends on market conditions and strategic partnerships. The global steel market is vast, with opportunities in Asia, Africa, and other emerging regions.
- Adoption of Sustainable Steel Production Practices: The increasing focus on sustainability presents a growth opportunity for USNZY. By adopting sustainable steel production practices, the company can attract environmentally conscious customers and investors. This includes reducing carbon emissions, improving energy efficiency, and using recycled materials. The timeline for implementing these practices is ongoing, as the company invests in new technologies and processes. The market for sustainable steel is growing rapidly, driven by government regulations and consumer demand.
- Development of High-Value Steel Products: USNZY can enhance its profitability by developing and marketing high-value steel products. This includes specialized steel grades for specific applications, such as automotive, aerospace, and energy. These products command higher prices and offer better margins compared to commodity steel. The timeline for developing these products depends on research and development efforts and market demand. The market for high-value steel products is characterized by innovation and customization.
- Vertical Integration and Cost Optimization: USNZY's vertical integration, from iron ore mining to steel production, provides a unique opportunity for cost optimization. By streamlining its operations and improving efficiency at each stage of the value chain, the company can reduce its overall costs and improve its competitiveness. This includes optimizing mining operations, improving steel production processes, and enhancing logistics and distribution. The timeline for achieving these improvements is ongoing, as the company implements various cost-saving initiatives. The potential cost savings are significant, potentially improving the company's profit margins by several percentage points.
What Opportunities Does USNZY Have?
- Infrastructure development in Brazil
- Expansion into international markets
- Adoption of sustainable steel production
- Development of high-value steel products
What Threats Does USNZY Face?
- Fluctuations in iron ore prices
- Currency exchange rate volatility
- Increased competition
- Economic downturns
What Are USNZY's Competitive Advantages?
- Vertical integration from iron ore mining to steel production.
- Established presence in the Brazilian steel market.
- Distribution network and trading operations.
- Expertise in developing steel product solutions.
What Does USNZY Do?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY), established in 1950 and headquartered in Belo Horizonte, Brazil, is a prominent steel manufacturer. The company operates across four key segments: Mining and Logistics, Steel Metallurgy, Steel Transformation, and Capital Assets. USNZY's operations begin with the extraction and processing of iron ore, including pellet and sinter feed, as well as granulated iron ore. This vertically integrated approach allows the company to control a significant portion of its supply chain. The Steel Metallurgy segment focuses on developing steel product solutions. The Steel Transformation segment operates as a distribution center and trading company, providing a range of steel products to various industries. The Capital Assets segment manufactures and installs equipment for diverse industrial applications. USNZY also offers stamped steel parts for the automobile industry, products for the construction and capital goods sectors, and provides logistics services. The company's geographic reach extends beyond Brazil, with a presence in international markets. USNZY competes with other steel manufacturers, navigating the cyclical nature of the steel industry while focusing on operational efficiency and product innovation.
What Products and Services Does USNZY Offer?
- Manufactures and markets flat steel products.
- Extracts and processes iron ore.
- Develops steel product solutions.
- Operates as a distribution center and trading company.
- Manufactures and installs equipment for various industries.
- Offers stamped steel parts for the automobile industry.
- Provides logistics services related to road cargo transportation.
How Does USNZY Make Money?
- Generates revenue through the sale of flat steel products to various industries.
- Extracts and processes iron ore to supply its steel production facilities.
- Provides value-added services such as technology transfer and project management.
- Operates a distribution network to reach customers in Brazil and internationally.
What Industry Does USNZY Operate In?
Usinas Siderúrgicas de Minas Gerais S.A. operates within the global steel industry, which is characterized by cyclical demand, fluctuating raw material prices, and intense competition. The industry is influenced by macroeconomic factors such as infrastructure development, construction activity, and automotive production. The competitive landscape includes both global giants and regional players. USNZY's position in Brazil, a major iron ore producer, provides a strategic advantage in terms of raw material sourcing. The company faces competition from companies like CKSNF, CUGCY, ERELY, HUIHY, and KLKNF. The industry is currently seeing increased focus on sustainable steel production and the adoption of new technologies to improve efficiency and reduce environmental impact.
Who Are USNZY's Key Customers?
- Automobile industry (stamped steel parts)
- Construction industry (products for construction)
- Capital goods industry (products for capital goods)
- Other industries requiring flat steel products
FY2026 estForward Outlook
Wall Street analysts project Usinas Siderúrgicas de Minas Gerais S.A. revenue of about $26.31B for fiscal 2026, with EPS near $1.26. The estimate reflects 7 contributing analysts.
USNZY Valuation & Market Position
With a $2.13B market cap, Usinas Siderúrgicas de Minas Gerais S.A. sits in the mid-cap segment of the market. Relative to its peer group, USNZY's quantitative score of 45/100 is roughly in line with the peer average of 45/100.
ROE -14%Key Financial Metrics
Return on equity for Usinas Siderúrgicas de Minas Gerais S.A. stands at -13.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -8.4%, showing how much profit it generates from its asset base. Its free cash flow yield is 12.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 4.12 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -29.2%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Usinas Siderúrgicas de Minas Gerais S.A.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.66 places it in the distress zone, a signal of elevated financial risk.
Company Profile
Usinas Siderúrgicas de Minas Gerais S.A. operates in the Steel industry within the Basic Materials sector. It is headquartered in Belo Horizonte, BR. The company is led by CEO Marcelo Rodolfo Chara. USNZY has traded publicly since 2010.
USNZY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that those closest to the business see potential upside.
- Community sentiment has turned positive, with discussions highlighting the company's strong position in the steel market amid rising global demand.
- Recent developments in infrastructure spending are expected to benefit the steel sector, positioning Usinas Siderúrgicas favorably.
- Analysts are noting improvements in operational efficiency, which could lead to better margins and profitability moving forward.
Bear Case
- Concerns about global economic slowdowns are causing apprehension, particularly in sectors reliant on steel production.
- Social sentiment includes skepticism about the company's ability to adapt to increasing competition in the steel industry.
- Recent reports of supply chain disruptions could impact production capabilities, leading to potential operational challenges.
- Market perception remains cautious, with some investors worried about the volatility in raw material prices affecting overall profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
USNZY Latest News
No recent news available for USNZY.
USNZY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for USNZY.
Price Targets
Wall Street price target analysis for USNZY.
USNZY MoonshotScore
What does this score mean?
The MoonshotScore rates USNZY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Marcelo Rodolfo Chara
CEO
Marcelo Rodolfo Chara is the CEO of Usinas Siderúrgicas de Minas Gerais S.A. (USNZY). His background includes extensive experience in the steel industry, with a focus on operational efficiency and strategic planning. He has held various leadership positions within the company, demonstrating his deep understanding of the business. His expertise spans across mining, metallurgy, and steel transformation. He is responsible for managing a large workforce of over 51,000 employees.
Track Record: Under Marcelo Rodolfo Chara's leadership, USNZY has focused on improving operational efficiency and expanding its product portfolio. Key milestones include the implementation of cost-saving initiatives and the development of new steel product solutions. He has also overseen the company's efforts to adopt sustainable steel production practices. His strategic decisions have aimed to enhance the company's competitiveness and profitability in the global steel market.
Usinas Siderúrgicas de Minas Gerais S.A. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. USNZY, as an ADR, allows U.S. investors to invest in a Brazilian company without the complexities of cross-border transactions. Each USNZY ADR represents a specific number of shares of Usinas Siderúrgicas de Minas Gerais S.A. traded on its home market.
- Home Market Ticker: Primary stock exchange: USNZ. Home Country: Belo Horizonte, Brazil
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: USNZ
USNZY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that USNZY has limited regulatory oversight and disclosure requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not meet minimum financial standards or reporting requirements, leading to increased risks for investors due to limited information availability and potential for fraud or manipulation. Investing in OTC Other stocks requires a higher degree of due diligence and risk tolerance.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited regulatory oversight and disclosure requirements
- Potential for fraud or manipulation
- Limited liquidity and wider bid-ask spreads
- Increased price volatility
- Difficulty in obtaining reliable information
- Verify the company's registration and legal status
- Obtain and review available financial statements
- Research the company's management team and their track record
- Assess the company's business model and competitive landscape
- Evaluate the company's risk factors and potential liabilities
- Consult with a financial advisor and conduct thorough research
- Understand the risks associated with OTC investing
- Company has been in operation for a long time (founded in 1950)
- Company has a large number of employees (51182)
- Company operates in a well-established industry (steel manufacturing)
- Company has a physical headquarters in Belo Horizonte, Brazil
Usinas Siderúrgicas de Minas Gerais S.A. Basic Materials Stock: Key Questions Answered
What does Usinas Siderúrgicas de Minas Gerais S.A. do?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) is a Brazilian steel manufacturer that produces and markets flat steel products both domestically and internationally. The company's operations are vertically integrated, encompassing iron ore extraction and processing, steel manufacturing, and steel transformation. It serves various industries, including automotive, construction, and capital goods, by providing steel solutions and stamped parts. USNZY also offers logistics and technology transfer services, positioning itself as a comprehensive provider in the steel sector.
What do analysts say about USNZY stock?
Analyst coverage of USNZY stock is limited due to its OTC listing and ADR Level 1 status. Key valuation metrics to consider include its market capitalization of $2.13B and its negative P/E ratio of -2.60, reflecting current losses. Growth considerations revolve around the company's ability to improve profitability, capitalize on infrastructure projects in Brazil, and expand its international presence. Investors should monitor the company's financial performance and industry trends to assess its potential for future growth.
What are the main risks for USNZY?
The main risks for USNZY include fluctuations in iron ore prices, which can significantly impact its profitability. Currency exchange rate volatility, particularly between the Brazilian Real and the U.S. dollar, poses a risk to its ADR value. The cyclical nature of the steel industry can lead to fluctuating demand and revenue. Increased competition from other steel manufacturers, both domestic and international, can put pressure on its market share and pricing. Changes in trade policies and tariffs can also impact its international sales and competitiveness.
How does Usinas Siderúrgicas de Minas Gerais S.A. compare to competitors in its industry?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) distinguishes itself through its vertically integrated operations, spanning from iron ore extraction to steel production, offering a degree of supply chain control. Competitors like China Kangda Hongtai Group Co Ltd (CKSNF) and Hangzhou Iron & Steel Co Ltd (HUIHY) are primarily Chinese-based, focusing on domestic markets. Eregli Demir ve Celik Fabrikalari TAS (ERELY) is a Turkish steel producer, while Klockner & Co SE (KLKNF) specializes in steel and metal distribution. USNZY's Brazilian presence and integrated model provide a unique competitive advantage within its region.
What are the key financial metrics investors watch for USNZY?
Investors closely monitor several key financial metrics for Usinas Siderúrgicas de Minas Gerais S.A. (USNZY). Gross margin, currently at 8.1%, indicates the company's efficiency in converting revenue into profit. The negative profit margin of -11.7% highlights current profitability challenges. The debt-to-equity ratio is crucial for assessing financial leverage. Furthermore, investors track iron ore prices and steel demand trends, as these factors significantly impact USNZY's revenue and earnings. Monitoring these metrics provides insights into the company's financial health and operational performance.
What are the key factors to evaluate for USNZY?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) holds an AI score of 45/100 (low). Not financial advice.
How frequently does USNZY data refresh on this page?
USNZY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven USNZY's recent stock price performance?
Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Vertically integrated operations. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited analyst coverage due to OTC listing.
- Financial data based on available public information.