04
Nov
07:59
Ternium’s Q3 performance dips, outlook negative
Latin American miner and steel producer Ternium anticipates a deterioration in its performance in the last quarter of this year. 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.
Ternium expects Ebitda to fall in Q4 on a sequential basis, as a temporary mismatch between a decline in realized steel prices and high cost…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous