UPDATE 3-Usiminas sees costs easing in Q2 as profit sank

Newswire

* Usiminas sees small decline in costs in second quarter * Net income plummets 96 pct, misses estimate * EBITDA slumps 53 pct; EBITDA margin steady at 11 pct * Ternium stake sale led to one-off loss of 125 mln reais * Shares fall 3.1 pct on Thursday to lowest in two years (Recasts to add CEO Brumer remarks, share performance) By Guillermo Parra-Bernal and Alberto Alerigi Jr. SAO PAULO, April 28 (Reuters) - Usiminas, Brazil's biggest maker of steel products for the auto industry, ...

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