29
Apr
10:40
Ternium sales/earnings fall in first quarter
Latin American miner and steel producer Ternium saw both its sales and earnings decrease year-on-year in the first quarter of 2020. These, however, showed improvement when compared to Q4 2019, Kallanish learns from the company's quarterly report. The company anticipates a reduction in its performance in Q2 2020 due to the coronavirus outbreak.
Ternium expects shipments and Ebitda to fall in the second quarter compared to Q1 2020.
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Anonymous
Very good overview of the weekly steel market.
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