25
Apr
07:19
Ternium’s first-quarter shipments fall sequentially, profit rises
Latin American miner and steel producer Ternium saw its steel and iron ore sales decrease quarter-on-quarter in the first three months of this year, Kallanish learns from the company's latest earnings report. Shipments, however, were higher year-on-year.
The company anticipates a lower adjusted Ebitda in the second quarter of 2024, mainly due to a margin reduction that would be partly offset by higher steel shipments.
“The steel segment…
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Anonymous
Very good overview of the weekly steel market.
Anonymous