Governance Model

Usiminas employs a planned Corporate Governance model to achieve value generation for its shareholders and business partners. It is a model based on safety for the investor, transparency of actions, management control and clarity in communication.

Among our corporate governance practices is the maintenance of a permanent fiscal council, in addition to internal Human Resources and Auditing Committee.

The company also is structured to comply with government and market requirements for publicly-traded companies, preserving and stimulating transparency practices.

Click here to learn more about Usiminas’ Board of Directors.

Corporate governance actions of Usiminas also include:

  • Risk control;
  •  Accountability according to international Standards;
  •  Code of conduct for all companies of the group;
  •  Maintenance of a permanent fiscal council;
  •  Shares traded on B3 (level I), Over-the-Counter Market – OTC (ADR – level I) and Latibex.


The Board of Directors should establish general orientation for business and decide on strategic issues with a view to maximize value, protect the patrimony and promote the Company’s continuous growth, always respecting the values and social function of Usiminas.

Click here to download documents, such as the By-Laws, policies, manuals and regulations of Usiminas.