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Usinas Siderurgicas de Minas Gerais SA USIMINAS USIM3.SA

Last Updated: Jul 20, 12:00 AM·BOVESPA

USIM3.SA Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Usinas Siderurgicas de Minas Gerais SA USIMINAS is classified as not halal.

NOT HALAL

Report Source: 2025 Annual Report

Usinas Siderurgicas de Minas Gerais SA USIMINAS

Usinas Siderurgicas de Minas Gerais SA USIMINAS. Stock Analysis USIM3.SA

Brazil Materials Small Cap Report:
Usinas Siderurgicas de Minas Gerais SA-Usiminas engages in the manufacture and sale of steel products. The company is headquartered in Belo Horizonte, Minas Gerais. The firm's activities include iron ore extraction, steel transformation, production of capital goods and logistics. The company operates through four segments: Steelworks, Mining and Logistics, Steel Transformation and Capital Goods. The company manufactures and sells various products and raw materials, such as flat steel, iron ore, stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. The company provides technology transfer services in the steel activity, in project management and provision of services in the civil construction area and capital goods industry, road transport of flat steel, hot-dip steel galvanizing, texturing and cylinders chromium. The company has over two steel plants in Brazil located in the cities of Ipatinga, State of Minas Gerais, and of Cubatao, State of Sao Paulo.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!