04
Nov
14:19
Ternium expects lower shipments in Mexico in final quarter
Latin American steel producer Ternium foresees a quieter fourth quarter in the Mexican steel market. Prices however should settle and flatten as the year ends, the company says in its Q3 15 operating report monitored by Kallanish.
The steelmaker expects to see a progressive decrease in shipments in Mexico, due to the end-of-year seasonality, and the 30-day stoppage of the firm’s hot rolling mill due to a facility upgrade. In spite of the severe pressure fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous