Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q4 2025 Earnings Call Transcript

SA Transcripts158.38K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Usinas Siderúrgicas de Minas Gerais S.A. (USNZY) Q4 2025 Earnings Call February 13, 2026 10:30 AM EST Company Participants Leonardo Karam - Director of Investor RelationMarcelo Chara - CEO & Member of the Executive BoardDiego Garcia - CFO, IRO, VP of Finance & Investor Relations and Member of Executive BoardMiguel Angel Camejo - VP of Commercial & Member of Executive Board Presentation Leonardo KaramDirector of Investor Relation Good afternoon. Welcome to Usiminas conference call in which we will discuss the results for the fourth quarter and full 2025. I'm Leonardo Karam, IR Director at Usiminas. [Operator Instructions] This conference call is being recorded and simultaneously broadcast on the Usiminas YouTube channel. Please note that this conference call is intended exclusively for investors and market analysts. We kindly ask you to identify yourself so that your question can be addressed. We also request that any questions from journalists be directed to Usiminas Media Relations at the email, imprensa@usiminas.com. Before proceeding, we would like to clarify that any statements made during this conference call regarding the company's business outlook as well as projections and operational and financial targets regarding its growth potential are forward-looking statements based on the management's expectations regarding the future of Usiminas. These expectations are highly dependent on the performance of the steel industry, the economic situation of the country and the conditions of international markets and therefore, subject to change. Joining us are CEO, Marcelo Chara; the VP of Finance and IR, Diego Garcia; and Commercial Vice President, Miguel Homes. Initially, Marcelo will make some opening remarks, then Diego will present the results. After that, the questions submitted through the Q&A session will be answered. I will now turn the floor over to Marcelo. Marcelo, you have the floor. Marcelo CharaCEO & Member of the Executive Board