Usinas Siderúrgicas de Minas Gerais S.A. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 6,781.49 million compared to BRL 7,659.98 million a year ago. Revenue was BRL 6,781.49 million compared to BRL 7,659.98 million a year ago.

Net income was BRL 874.55 million compared to net loss of BRL 982.15 million a year ago.