Usiminas sees room for cut in Brazil discounts

Wed Feb 23, 2011 2:51pm GMT

SAO PAULO Feb 23 (Reuters) -

Usiminas (USIM3.SA: Quote)(USIM5.SA: Quote), Brazil's largest maker of flat steel, sees room for a decline in price discounts for some products in the domestic market of as much as 10 percent, Sales and Business Vice President Sergio Leite said on Wednesday.

(Reporting by Guillermo Parra-Bernal and Alberto Alerigi Jr., editing by Gerald E. McCormick,sourced:Thomson Reuters)