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Ternium S.A. - TX STOCK NEWS

Welcome to our dedicated news page for Ternium S.A. (Ticker: TX), a resource for investors and traders seeking the latest updates and insights on Ternium S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ternium S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ternium S.A.'s position in the market.

Rhea-AI Summary
Ternium S.A. (NYSE:TX) announced its first quarter 2024 results with consolidated net sales of $4.778 billion, operating income of $675 million, and net income of $491 million. The company's Adjusted EBITDA rose 31% to $855 million. Ternium experienced a rebound in margins and sustained high steel sales volumes. The steel segment saw strong performance, while the mining segment faced challenges due to lower iron ore prices. Ternium's outlook for Mexico, Brazil, and Argentina remains positive despite some economic uncertainties.
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Ternium S.A. (NYSE:TX) has filed its annual report on Form 20-F for the year ended December 31, 2023, with the SEC. The report is available for download on the SEC's and Ternium's websites.
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Ternium S.A. (NYSE:TX) will hold its annual general meeting on April 30, 2024, allowing shareholders to exercise voting rights. Important documents are available on the company's website and at its Luxembourg office.
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Ternium S.A. (NYSE:TX) reported its Q4 and full-year 2023 results, showcasing strong steel shipments in Mexico and operational improvements. The company proposed an annual dividend increase, reflecting positive performance and market growth. Despite challenges in Argentina and Brazil, Ternium anticipates improved EBITDA and margin for Q1 2024, driven by higher steel prices and volumes.
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Ternium S.A. (NYSE:TX) reported its results for the third quarter and first nine months of 2023. Steel shipments increased by 39% in Q3 compared to the same period last year. Net sales were $5.2 billion, a 34% increase from Q2. Adjusted EBITDA decreased by 22% due to lower steel prices in the USMCA region. Ternium acquired additional shares of Usiminas and announced an interim dividend of $1.10 per ADS.
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Ternium S.A. (NYSE:TX) has released its Sustainability Report 2022, highlighting its business strategy and approach to ESG issues. The report follows international standards and includes contributions to the UN's sustainable development goals.
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Ternium S.A. completes the acquisition of 68.7 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas) from Nippon Steel Corporation, Mitsubishi, and MetalOne for $118.7 million in cash. Ternium now holds a 51.5% stake in Usiminas and will fully consolidate its financials starting July 2023.
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Ternium S.A.

NYSE:TX

TX Rankings

TX Stock Data

8.36B
659.20M
15.36%
0.19%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
Luxembourg
26 Boulevard Royal 4th Floor

About TX

ternium es la empresa productora de acero líder en américa latina. fabrica y procesa una amplia gama de productos de acero de alto valor agregado. cuenta con centros productivos en méxico, argentina, colombia, estados unidos y guatemala; así como una red de centros de servicio y distribución en toda américa latina. además, ternium participa en el grupo de control de usiminas, una empresa líder de acero en el mercado brasileño. con más de 16,800 empleados distribuidos a lo largo de américa, ternium tiene una capacidad de producción anual de aproximadamente 10.9 millones de toneladas de productos terminados de acero y 4.0 millones de toneladas de pellets de mineral de hierro. nuestros clientes van desde empresas globales a pequeñas empresas que operan en industrias como construcción, automotrices, electrodomésticos, bienes de capital, envases, alimentos y energía. uno de nuestros objetivos es construir una relación cercana y duradera con nuestros clientes y sabemos que nuestro éxito