Ternium S.A.'s SEC filings document foreign-issuer disclosure for a Luxembourg steel producer with ADSs listed on the NYSE under TX. The filings include Form 6-K reports, annual report materials and Form 20-F-related announcements covering IFRS consolidated financial statements, Steel and Mining segment information, operating and financial review, research and development, alternative performance measures and audited annual accounts.
Governance filings cover annual general meeting notices, shareholder meeting brochures, proxy statements, ADS voting instructions and dividend-allocation proposals. Other disclosures address capital structure, distributions, property, plant and equipment, investments in non-consolidated companies, related-party transactions, tax matters, contingencies and risk factors, including matters connected with Usiminas.
Ternium S.A. reported that shareholders at its annual general meeting approved all resolutions on the agenda, including its consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2025.
Shareholders approved an annual dividend of $2.20 per ADS ($0.22 per share, which includes an interim dividend of $0.90 per ADS ($0.09 per share paid in November 2025. A net dividend of $1.30 per ADS ($0.13 per share) will be paid on May 15, 2026 to shareholders of record as of May 14, 2026.
The meeting maintained the board at eight directors and re-elected all incumbent members. It appointed PricewaterhouseCoopers Assurance as independent auditors for the fiscal year ending December 31, 2026. The board re-appointed Paolo Rocca as chairman, Daniel Agustín Novegil as vice-chairman, and Máximo Vedoya as chief executive officer, and confirmed three independent directors on the audit committee, with Vincent Robert Gilles Decalf continuing as its chair.
Ternium S.A. held its 2026 annual shareholders meeting and approved its 2025 annual report and consolidated financial statements, as well as the standalone annual accounts as of December 31, 2025.
Shareholders approved an annual cash dividend of USD 0.22 per share (USD 2.20 per ADS), including an interim dividend of USD 0.09 per share already paid, and confirmed payment of the USD 0.13 per-share balance (USD 1.30 per ADS) on May 15, 2026, for a total dividend balance of USD 255 million, net of treasury shares. The remaining 2025 profit will go to retained earnings.
The meeting discharged board members from liability for 2025, reappointed eight directors to serve until the meeting that will decide the 2026 accounts, and set director compensation for 2026, including additional fees for the chairman and Audit Committee members. PricewaterhouseCoopers was appointed independent auditor for 2026 with multi-currency fee caps. Shareholders also renewed authorization for the company and subsidiaries to repurchase its securities and allowed the board to appoint directors as attorneys-in-fact with delegated management powers.
Ternium S.A. reports stronger first-quarter 2026 results, with net sales of $3,933,963 thousand and profit of $372,390 thousand, up from $142,331 thousand a year earlier. Operating income rose to $290,074 thousand, and basic earnings per share increased to $0.11 from $0.03.
The company generated operating cash flow of $217,336 thousand and invested $405,885 thousand mainly in plant and equipment, including projects in Mexico and Brazil. It completed a $315.2 million cash purchase to raise its ownership interest in Usiminas to 37.52%.
Ternium’s board revised its proposed 2025 dividend to $0.22 per share (total $432 million), citing balance sheet prudence amid global uncertainty, including Middle East tensions. If approved, a final dividend of $0.13 per share (about $255 million) would be paid in May 2026. The company also recorded a $47,500 thousand provision for ongoing litigation related to the Usiminas acquisition and reported a total Pillar Two tax provision of $46,800 thousand.
Ternium S.A. reported solid first quarter 2026 results, with net sales of $3,934 million, essentially flat year-over-year but slightly higher than the prior quarter. Operating income rose to $290 million, reflecting better realized steel prices and lower unit costs.
Adjusted EBITDA increased to $479 million, giving a margin of 12% compared with 8% a year earlier, while net income more than doubled year-over-year to $372 million. Earnings attributable to shareholders reached $213 million, or $1.09 per ADS.
Cash from operations was $217 million, but heavy capital expenditures of $406 million and a $315 million purchase of Usiminas shares led to negative free cash flow and a lower net cash position of $0.3 billion at March 31, 2026.
Ternium S.A. reported stronger results for the first quarter of 2026 as higher steel prices lifted profitability despite softer mining volumes. Net sales were unchanged year-over-year at $3.934 billion, but operating income rose to $290 million from $132 million, helped by wider margins in the steel segment.
Adjusted EBITDA increased to $479 million, up 48% from 1Q25, with margin improving to 12% of net sales from 8%. Net income rose to $372 million, including a $132 million deferred tax gain and a $48 million litigation provision related to the Usiminas acquisition. Earnings attributable to shareholders reached $213 million, or $1.09 per ADS, up from $0.34 a year earlier.
Steel product shipments slipped 4% year-over-year to 3.7 million tons, while mining shipments fell 8% to 2.8 million tons. Cash from operations was $217 million and, after $406 million of capex and a $315 million purchase of additional Usiminas shares, Free Cash Flow was negative $189 million. Net cash decreased to $0.327 billion at March 31, 2026.
Ternium S.A. is revising its dividend proposal tied to 2025 results, cutting the planned annual dividend from USD 0.27 to USD 0.22 per share (or from USD 2.70 to USD 2.20 per ADS).
The adjusted annual dividend totals USD 432 million and includes an interim dividend of USD 0.09 per share (USD 0.90 per ADS) already paid in November 2025. If approved at the May 12, 2026 Annual General Meeting in Luxembourg, shareholders would receive a remaining Dividend Balance of USD 0.13 per share (USD 1.30 per ADS) on May 15, 2026. The company reports profit for the 2025 financial year of USD 722 million and plans to allocate remaining profit to retained earnings.
Ternium S.A. revised its 2025 dividend proposal, lowering the recommended payout to $2.20 per ADS ($0.22 per share), or $432 million, from the previously announced $2.70 per ADS.
The annual dividend figure includes an interim dividend of $0.90 per ADS ($0.09 per share), or $177 million, already paid in the fourth quarter of 2025. If shareholders approve the new proposal on May 12, 2026, a remaining net dividend of $1.30 per ADS ($0.13 per share), or $255 million, will be paid on May 15, 2026, to holders of record on May 14, 2026.
The Board kept its outlook for higher adjusted EBITDA in the first quarter of 2026, with expectations for further improvement in the second quarter, but chose to reduce the dividend to reinforce the balance sheet amid global uncertainty and potential economic effects from the conflict in the Middle East.
Ternium S.A. filed its annual report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The report is available on both the SEC’s website and Ternium’s website in the Investors section.
The company reminds readers that its press release includes forward-looking statements, which are subject to risks related to global economic conditions, steel market demand, production capacity, tariffs, and industry cyclicality. Ternium describes itself as a leading steel producer in the Americas focused on advanced steel products, low-carbon technologies and community development initiatives.
Ternium S.A. files its annual report outlining operations, capital structure and extensive risk disclosures. The company had 2,004,743,442 ordinary shares outstanding, par value $1.00 per share, as of the period end, and prepares audited consolidated financial statements under IFRS for 2025, 2024 and 2023.
Ternium explains its ADS listing on the NYSE and reliance on non‑IFRS metrics such as Net Cash and Free Cash Flow, reconciled to IFRS. The report details exposure to steel demand cyclicality, price volatility, global overcapacity led by China, and sensitivity to raw material and energy costs.
Key risks include U.S. Section 232 tariffs, USMCA trade uncertainties, inflation and FX swings in Mexico, Brazil and Argentina, cybersecurity threats, climate‑related physical impacts, and significant mining, community‑relations and regulatory risks. Ternium also notes impairment and tax charges at mining assets and its Usiminas investment, plus ongoing litigation risk in Brazil tied to that acquisition.