[Operator Closing Remarks]David and Tom just revealed what they believe are the The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Distribution, we're quite optimistic, 5% to 10% of drop only. Using our companies in Europe and the United States, we had a significant increase in liquidity, which is essential during this crisis. And for the industry good questions in the industry, and I had forgotten that in industry at large, with the exception of some clients we have a contract with, we have a very small share in the automotive market.
Its main plant is located in the city of Volta Redonda, in the state of Rio de Janeiro.Its current CEO is Benjamin Steinbruch. Original document Permalink Disclaimer. And as I mentioned during the presentation, this is in effect with the assets, with the opening of capital and subsidiaries, and maybe both.We continue to work on this. ²Considera o Pré-Pagamento da Glencore de US$115MM And of course, dividends with the minimum mandatory dividends paid off, we will continue on with 25% of our net revenues.Marcelo, if you allow me to go back a bit, which are the liquidity events that have greater probability of still happening this year as the capital market is quite receptive. Volume de Produção de Placas I now give the floor to Martinez.Daniel. Capital Circulante Líquido (R$MM) But presently, we have a higher inventory.
How is this evolution going to work? [Operator Instructions] Our next question is from Thiago from Goldman Sachs.I have a question for Martinez regarding the steel supply and demand situation.
A growth of 29% and a growth in other businesses as well. We have already begun and this will be ready before the end of November. You may proceed, sir.A good day to all of you, and thank you for participating in our earnings release presentation for the second quarter 2020. And the increase will be for civil construction and distribution for the white line industry. And there are other possibilities, a streaming and iron ore, Usiminas. And of the 400,000, 100,000 or 110,000 tons were sold in the United States with a local premium which helped us a great deal because of the dollar and the U.S. prices. Preços também acompanharam com forte recuperação. If you look at the consolidated figures, this is what we're working for, to put those BRL10 million incrementally. We were affected by rainfall and low production.What surprised us were the better results of the steel mills even despite the context. Marcelo has already told you some of this, but I will give you other details to solidify what we're doing going forward. In the second semester, with volumes going back to what we had last year, $10,000 per ton. And this is how we show that growth of 54% in our EBITDA, the second best EBITDA for the mining unit in history. And we're speeding up with a detailed part of engineering, and we're going to begin the coming year. Now with that visibility of having better results, we will be able to set forth a very determined guidance to reduce leverage to less than four times until the end of the year. Markets The plants are working at levels of 750,000, 800,000 tons. It is not a hurdle to already have that price increase in September. You have had an improvement in mining. Which is the percentage for the second quarter?We stopped doing this because we weren't working according to the benchmark. What we see in terms of production is a clear trend for recovery.
Mining, does have a project of $10 million plus $15 million, $5,500 million. And in the month of May, we obtained a prior license from a tender, very interesting. I sell less to more clients. This trend for improvement in your balance, we do to think about why in terms of capital allocations, will this be done in mining or any new line of galvanized products as part of your steel mills?Very well. Is it distribution?
We now have a pace of 50% higher 9,000 tons per day. Apresentação de Resultados - 2T20
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