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04 Jul
10:33

Ternium remains upbeat on Latin American steel demand

Ternium, the Latin American steelmaker, expects Mexican, Argentinan and Brazilian steel demand to recover in the next two years, supporting the expansion of the group going forward, Kallanish learns from a company presentation. After a year-on-year growth of 2.5% in apparent steel use (ASU) in 2016, Mexico is set to see on-year demand improving by a further 1.4% this year and 2.4% in 2018. This year Mexican ASU is set to reach 26 million tonnes, Terniu…
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