USDMY (Usinas Siderurgicas de Minas Gerais) Construction In Progress: $451 Mil (As of Mar. 2026)


USDMY Usinas Siderurgicas de Minas Gerais SA USDMY
60 GF Score
Price $26.23
GF Value $18.50
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Construction In Progress?

Usinas Siderurgicas de Minas Gerais USDMY 60 Construction In Progress is $451 Mil as of Mar. 2026. GuruFocus rates USDMY with a GF Score™ of 60/100 and a GF Value™ of $18.50. The stock has 5 warning signs investors should review.

Usinas Siderurgicas de Minas Gerais's quarterly construction in progress increased from Sep. 2025 ($461 Mil) to Dec. 2025 ($505 Mil) but then declined from Dec. 2025 ($505 Mil) to Mar. 2026 ($451 Mil).

Usinas Siderurgicas de Minas Gerais's annual construction in progress declined from Dec. 2023 ($475 Mil) to Dec. 2024 ($386 Mil) but then increased from Dec. 2024 ($386 Mil) to Dec. 2025 ($505 Mil).

Usinas Siderurgicas de Minas Gerais Construction In Progress Historical Data

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The historical data trend for Usinas Siderurgicas de Minas Gerais's Construction In Progress 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.

Usinas Siderurgicas de Minas Gerais Construction In Progress Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.17 597.52 474.58 386.01 504.61

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 439.13 460.74 504.61 450.86
USDMY
60GF Score
Usinas Siderurgicas de Minas Gerais SA USDMY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $451 Mil mean?
Usinas Siderurgicas de Minas Gerais (USDMY) has a Construction In Progress of $451 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors.
Is Usinas Siderurgicas de Minas Gerais' Construction In Progress too high?
Usinas Siderurgicas de Minas Gerais' current Construction In Progress is $451 Mil. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Construction In Progress compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' Construction In Progress of $451 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. Usinas Siderurgicas de Minas Gerais's current Construction In Progress is $451 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Usinas Siderurgicas de Minas Gerais (USDMY) has a current Construction In Progress of $451 Mil. The stock's GF Value™ is $18.50, compared to a current price of $26.23 — trading 41.8% above its estimated fair value. The current Construction In Progress is $451 Mil. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (USDMY), the current Construction In Progress is $451 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Usinas Siderurgicas de Minas Gerais (USDMY) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of $26.23 is trading 41.8% above its estimated GF Value™ of $18.50.

Key valuation signals for USDMY:

  • Construction In Progress: $451 Mil
  • GF Value™: $18.50 vs. price of $26.23 (41.8% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the USDMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, 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 export destination markets for the company.
60GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.23
Price
$18.50
GF Value