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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]
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 ]
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 ...
What: Shares of Ternium climbed 3% today after Morgan Stanley upgraded the steel products company from equal-weight to overweight. So what: ...
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 ...
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 ...
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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. The World Steel Association features a list from its members every year. Due to mergers, year-to-year figures for some producers are not comparable. Not all steel is the same.