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

To contact the editor responsible for this story: David Papadopoulos at

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