UPDATE 1-Higher financial expenses curb Usiminas net gain

Newswire

* Net income misses analysts' estimates, rises 3 pct * Revenue surged led by sales in domestic market * Financial expenses push net income down in quarter * Signals inventory reductions over as market rebounds (Rewrites to add context in paragraph 1; adds details throughout, byline) By Guillermo Parra-Bernal SAO PAULO, July 29 (Reuters) - Usiminas , Brazil's largest maker of steel for the auto industry, said on Thursday that second-quarter profit rose 3 percent, missing analysts' ...

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