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Usinas Siderurgicas de Minas Gerais S.A.: Update following affirmation...

Our credit view of this issuer reflects its good liquidity and buffer under financial covenants, constrained by its exposure to the volatility in Brazil's automotive industry.

Usinas Siderurgicas de Minas Gerais S.A.: Update to credit analysis

Our credit view of Usiminas reflects its good liquidity and buffer under financial covenants, constrained by the execution risks associated with its upcoming investments.

Usinas Siderurgicas de Minas Gerais S.A.: Update to credit analysis

Our credit view of Usiminas reflects its strong credit metrics and liquidity, balanced by its concentration and exposure to the volatility in Brazil's steel industry.

Usinas Siderurgicas de Minas Gerais S.A.: Update following upgrade to ...

Our credit view of Usiminas reflects its strong liquidity and metrics, offset by its exposure to the volatility in Brazil's steel industry and execution risks on investments.

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