04
Aug
07:34
Ternium’s second-quarter performance decelerates, outlook positive
Latin American miner and steel producer Ternium anticipates further improvement in its performance in the third quarter. This comes after its steel and iron ore shipments fell on-quarter in Q2 but remained higher on-year, Kallanish learns from the company's latest earnings report.
Ternium expects Ebitda to rise in Q3 on a sequential basis mainly due to higher steel prices. Shipments, meanwhile, will remain stable, with higher supplies in Mexico offset by …
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Anonymous
Very good overview of the weekly steel market.
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