Ternium forecasts lower third-quarter earnings as steel prices drop
MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat and steel prices dropped, prompting it to forecast lower core earnings for…
Ternium says to invest $1 billion in Mexico expansion
MEXICO CITY – Steel producer Ternium plans to spend around $1 billion on expanding its plant in northern Mexico, a top executive said during a call to discuss fourth-quarter results. “The company…
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