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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]
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 2012, Ternium became part of Usiminas’ control group, after the acquisition of 27,7% of the Brazilian Steelmaking Company. [7] Daniel Novegil is a member of its board of directors, [ 8 ] an active member of the board of directors of the World Steel Association , the international trade body that gathers 170 steel producers worldwide [ 9 ...
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 ...
What: Shares of Ternium climbed 3% today after Morgan Stanley upgraded the steel products company from equal-weight to overweight. So what: ...
Paolo Rocca (born 1952) is an Argentine-Italian businessman, CEO of the Techint Group, which owns Tenaris, Ternium and other companies in the engineering, construction and energy sectors. He is also chairman and CEO of Tenaris, and chairman of Ternium. [1] As of July 2024, Forbes estimated his net worth at US$5.0 billion. [2]
Ternium S.A. (TX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in ...