Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Reserves - Proven (K) : 0.00 (As of . 20)

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What is Usinas Siderurgicas de Minas Gerais Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Reserves - Proven (K) or its related term are showing as below:

XMAD:XUSI's Reserves - Proven (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

Usinas Siderurgicas de Minas Gerais Reserves - Proven (K) Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais's Reserves - Proven (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Usinas Siderurgicas de Minas Gerais Reserves - Proven (K) Chart

Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

Usinas Siderurgicas de Minas Gerais Reserves - Proven (K) Related Terms

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Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (XMAD:XUSI) » Definitions » Reserves - Proven (K)

Comparable Companies

Traded in Other Exchanges

USNZY:USA XUSIO:Spain U1S1:Germany USIM6:Brazil USIM5:Brazil USIM3:Brazil

Address

Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260

Website

https://www.usiminas.com

Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Headlines

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