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28 Apr
07:49

Ternium`s performance improves on higher steel demand, prices

Latin American miner and steel producer Ternium saw its production and sales increase both on-quarter and year-on-year in the first trimester of 2021, Kallanish learns from the company's latest earnings report. The company anticipates a further improvement in its performance in Q2 2021. Ternium expects Ebitda to rise in the second quarter on a sequential basis mainly due to higher steel prices. Shipments, meanwhile, will remain stable, with…
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