Usiminas Belo Horizonte

Rua Prof. Jos Vieira de Mendona, 3011

31310-260 Belo Horizonte MG
P 55 31 3499-8000
F 55 31 3499-8899

www.usiminas.com

USINAS SIDERRGICAS DE MINAS GERAIS S.A. USIMINAS

Publicly-Held Company
CNPJ/MF 60.894.730/0001-05
NIRE 313.000.1360-0

MATERIAL FACT

Usinas Siderrgicas de Minas Gerais S.A. USIMINAS (Usiminas or Company)

informs through this notice that, at the meeting held on the date hereof, its Board of
Directors approved the proposal presented by Board of Officers of the Companys related to
the operational return of the Blast Furnace n 1 of Ipatingas Plant, which was temporarily
paralyzed on June 2015 due to the Companys need, at the time, to adequate its production
to the decrease of demand for flat steel in the Brazilian market.

The return of the operations of the Blast Furnace n 1 of Ipatingas Plant, that will require
investments estimated in around R$ 80 million, will occur as of April 2018 and will result in
an increase of the Companys current production capacity, reducing its exposure to the
purchase of plates from third parties.

Belo Horizonte, May 11th, 2017.

Ronald Seckelmann
Vice President of Finance and Relation with Investors