15
Feb
09:03
Ternium’s fourth-quarter shipments improve, profit falls
Latin American miner and steel producer Ternium saw steel and mining sales improve on-quarter in the fourth quarter of 2022. Full-year shipments, however, fell, Kallanish learns from the company's latest earnings report.
“Ternium achieved solid profitability in 2022, with strong steel prices in the first half and pressure in margins in the second half of the year due to steel price declines and a consistently elevated cost per tonne,” the company c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous