Usiminas Rises 2.3% in Sao Paulo After Erasing Earlier Decline

Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker by output, rose 2.3 percent to 7.2 reais at the close in Sao Paulo, after erasing an earlier decline of as much as 5.7 percent. The benchmark Bovespa index advanced 1.8 percent.

To contact the reporter on this story: Denyse Godoy in Sao Paulo at dgodoy2@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.