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24 Feb
07:56

Covid-19 impacts Ternium's 2020 steel shipments

Latin American miner and steel producer Ternium saw shipments and revenue decrease in 2020. Profitability grew, however, supported by strong demand and higher prices of raw materials in the second half of the year, Kallanish learns from the company's quarterly report. Ternium expects the positive momentum to continue in the first quarter. “Ternium estimates Ebitda to increase in the first quarter of 2021 compared to Q4 2020, as a…
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