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Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. Ternium owns a 51.5% interest in Usiminas of Brazil. The company has an annual production capacity of 15.4 million tons. [1]
The company owns 11.46% of Ternium, 3.96% of the share capital of Usiminas, and 22% of Techgen. [1] The company is 60.45% owned by Techint, which is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting, while 38.41% of the company is publicly-traded. [1]
Top steel producing companies. This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association.The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.
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Steelmaker Ternium reported an 84% drop in its third-quarter net income to $220 million on Thursday, hurt by lower realized steel prices and higher raw material and energy costs. The "temporary ...
Techint owns controlling interests in 6 major companies. Techint owns 62.02% of Ternium, [2] a producer of steel for construction, and 60.45% of Tenaris, [3] the largest producer of steel pipe for the petroleum industry. It also owns Techint Engineering & Construction, which provides operation and management services for complex and large-scale ...
Steel producer Ternium's net income rose 24% to $877.5 million in the first quarter from the year-ago period, the company said on Tuesday, citing higher steel prices partially offset by high costs ...
In early 2009 compensation of around $1.65bn was nearly agreed for the nationalisation of Ternium's 59.7% stake, with Ternium also keeping a 10% stake in the company. [ 6 ] Production went down from 4.3 million tons in 2007 to 307 thousand tons in 2016, production capacity being 4.6 million tons. [ 7 ]