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03 Aug
14:10

Ternium’s second-quarter shipments flatten, outlook negative

Latin American miner and steel producer Ternium anticipates a deterioration in its performance in the third quarter. This comes after global steel and iron ore prices began to fall following the sharp growth seen after the Russian invasion of Ukraine, Kallanish learns from the company's latest earnings report. “The global steel market environment is rapidly normalising after the disruption caused by Russia’s invasion of Ukraine in the first quarter…
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