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03 Nov
09:59

Ternium posts strong third-quarter results, outlook positive

Latin American miner and steel producer Ternium saw steel shipments almost flat on-quarter in the third quarter, but they remained higher on-year. Meanwhile, iron ore sales fell both quarter-on-quarter and year-on-year, Kallanish learns from the company's latest earnings report. Ternium expects to maintain strong performance in Q4, following record Ebitda in Q3. The company expects earnings before taxes to slightly decrease in Q4 on a sequential basis, wi…
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