Welcome to our dedicated page for Ternium news (Ticker: TX), a resource for investors and traders seeking the latest updates and insights on Ternium stock.
Ternium S.A. reports recurring developments as a Luxembourg steel producer whose American Depositary Shares trade on the NYSE under TX. Company news centers on Steel and Mining segment results, IFRS-based operating data, dividends on ADSs, and annual meeting materials for shareholders and ADS holders.
Updates also cover industrial investment, including the Pesquería, Mexico industrial center, low-carbon steelmaking initiatives, and ownership matters involving Usiminas. Ternium supplies advanced steel products to manufacturing industries and the construction sector, while its mining activities include iron ore products.
Ternium (NYSE:TX) announced that subsidiary Ternium Investments agreed to buy Nippon Steel and Mitsubishi's remaining participations in Usiminas' control group at $2.06 per ordinary share, totaling approximately $315.2 million for 153.1 million shares.
The purchase would raise Ternium's participation in the Usiminas control group from 51.5% to 83.1%, and together with Ternium Argentina and Confab (Tenaris affiliate) the T/T group would hold 92.9% of the control group; Previdência Usiminas will retain 7.1%. The transaction is subject to Brazil antitrust approval and will be financed with cash on hand.
Ternium (NYSE:TX) reported third-quarter 2025 results: net sales $3,955M, Adjusted EBITDA $420M (margin 11%), and a net loss of $270M. The quarter included a $405M write-down of deferred tax assets at Usiminas and a $32M provision update related to Usiminas litigation. Steel shipments totaled 3,757 kt and mining shipments 2,017 kt. Cash from operations was $535M; capital expenditures were $711M, mainly for Pesquería expansion. Net cash declined by $303M to $715M. The board approved an interim dividend of $0.90 per ADS payable Nov 11, 2025, taking 2025 distributions to $2.70 per ADS.
Management expects slightly lower Adjusted EBITDA in Q4 2025 due to seasonality, with margins broadly stable as cost reductions offset lower revenue per ton.
Ternium (NYSE:TX) reported its Q2 2025 results with improved performance despite market challenges. The company achieved an Adjusted EBITDA of $403 million, up 25% from Q1, with margins increasing to 10%. Net sales remained stable at $3.947 billion, while net income reached $259 million.
Steel shipments decreased 4% sequentially to 3,719 thousand tons, primarily affected by lower volumes in Mexico and the US. The company maintained a strong financial position with $1.0 billion in net cash and generated substantial operating cash flow of $1.0 billion, driven by working capital optimization.
Looking ahead, Ternium expects further improvement in Adjusted EBITDA for Q3 2025, supported by cost reduction initiatives and operational enhancements, despite ongoing challenges in key markets like Mexico and Brazil.
Ternium (NYSE:TX) has published its Sustainability Report 2024, highlighting the company's progress in environmental, social, and governance initiatives. The report details significant advancements in the company's 2030 emissions reduction strategy, including the commissioning of a wind farm in Argentina and construction of a new DRI-EAF technology steel shop in Pesquería.
Key highlights include the company's commitment to environmental impact reduction, energy conservation, and resource optimization. The report also features community development initiatives, such as the construction of a new Roberto Rocca Technical School in Santa Cruz, Brazil. The report follows international standards including GRI, SASB, and TCFD guidelines, while aligning with UN Sustainable Development Goals.
Ternium reported its Q1 2025 financial results, showing mixed performance across regions. The company's Adjusted EBITDA increased sequentially due to improved margins and higher steel and iron ore shipments, despite lower revenue per ton.
Key regional highlights:
- Mexico: Sales decreased both sequentially and year-over-year, affected by U.S. trade policy uncertainty
- Brazil: Shipments rose 9% year-over-year, benefiting from Usiminas' blast furnace ramp-up
- Southern Region: Showed 32% year-over-year growth in steel shipments
- Other Markets: 36% sequential increase, but 14% year-over-year decline
The company reported Net Income of $142 million, with Adjusted Net Income at $188 million after excluding a $45 million provision charge. Ternium maintained a Net Cash position of $1.3 billion, down from $1.6 billion at end-2024. The Pesquería expansion project cost estimate increased to $4.0 billion, with operations expected to begin by Q4 2026.
Ternium S.A. (NYSE:TX) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The report is now accessible to stakeholders through both the SEC's website and Ternium's corporate website under the Investors section.
Ternium S.A. (NYSE:TX) has announced its upcoming Annual and Extraordinary General Meetings of Shareholders, scheduled for May 6, 2025 at 9:00 a.m. CET. Both meetings will take place at the company's registered office in Luxembourg.
Holders of ADSs as of March 31, 2025, can instruct The Bank of New York (the depositary bank) regarding voting rights for their shares. The company has made available key documents on their website including:
- Notice and Agenda for the meeting
- Shareholder Meeting Brochure and Proxy Statement
- Proposed amendments to articles of association
- 2024 Annual Report
These documents are also available for physical consultation at Ternium's Luxembourg office and can be obtained electronically by registered shareholders via email request.
Ternium (NYSE:TX) reported its Q4 and full-year 2024 results, with Q4 net income of $333 million, including a $404 million provision reversal related to Usiminas litigation. The full-year net income was $174 million, with an adjusted net income of $584 million excluding litigation provisions.
The company faced market challenges in Q4 2024, with a downturn in the Mexican steel market due to seasonality and trade uncertainties. Despite this, Ternium maintained a strong financial position with a net cash position of $1.6 billion at year-end, supported by operating cash flow of $1.9 billion.
The board proposed an annual dividend of $2.70 per ADS, equivalent to a 9% dividend yield. Capital expenditures reached $1.9 billion in 2024, focusing on expanding the Pesquería industrial center in Mexico and completing a new wind farm in Argentina.
Ternium S.A. (NYSE:TX) faces a legal setback as the Brazilian Superior Court of Justice (SCJ) rejected a motion filed by Ternium subsidiaries and Tenaris's Confab to reverse a June 2024 decision. The court ordered the T/T Group to pay indemnification to Companhia Siderúrgica Nacional (CSN) regarding their 2012 Usiminas acquisition.
The SCJ modified the monetary adjustment mechanism and capped attorney's fees, reducing the potential payment. Ternium Investments could face approximately BRL1.9 billion ($307 million) in payments, while Ternium Argentina could owe BRL0.7 billion ($109 million). Ternium maintains that CSN's claims are meritless and plans to pursue further appeals.