02
Aug
07:18
Ternium’s Q2 shipments improve, outlook negative
Latin American miner and steel producer Ternium anticipates a fall in revenue in the third quarter. The decrease will come as a result of lower global steel pricing and slightly higher production costs, says the company in its latest earnings report.
The Q3 period will be the first in which Ternium will have fully consolidated Usiminas into its financial statements. Thus, the company’s main indicators are expected to be materially different compared with the…
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Anonymous
Very good overview of the weekly steel market.
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