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26 Apr
07:22

Ternium’s Q1 shipments improve, ore sales weaken

Latin American miner and steel producer Ternium saw its steel sales increase both on-quarter and on-year in the first three months of this year, Kallanish learns from the company's latest earnings report. Iron ore shipments, however, remained weaker during the quarter. The company anticipates a further improvement in its performance in Q2. Ternium expects Ebitda to rise in Q2 on a sequential basis, mainly due to higher steel shipments and incr…
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