05
Aug
01:00
Ternium expects stable third quarter following tough first half 2015
Latin American steel producer Ternium saw a tough second quarter lead to a first half 2015 result where all the key indicators went in the wrong direction. Net sales fell while operating income and Ebitda both tumbled heavily, the company confirmed in presenting its Q2 and H1 2015 results monitored by Kallanish.
The steelmaker expects prices in its key market of Mexico to dip in the third quarter of 2015. Although steel prices in the US and Mexico stabilised…
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Anonymous
Very good overview of the weekly steel market.
Anonymous