Welcome to our dedicated page for Ternium S.A. SEC filings (Ticker: TX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. completed a strategic share purchase in Brazil’s Usiminas. Its subsidiary Ternium Investments S.à r.l. acquired 153.1 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas from Nippon Steel Corporation and Mitsubishi Corporation for approximately $315.2 million in cash, finalizing a previously announced transaction involving the remainder of Nippon Group’s participation in Usiminas’ control group.
Ternium S.A. (NYSE: TX) agreed to acquire Nippon Steel and Mitsubishi’s remaining participations in Usiminas’ control group. The deal prices Usiminas ordinary shares at $2.06, for an aggregate cash consideration of approximately $315.2 million covering 153.1 million ordinary shares. Following closing, Ternium’s participation in the Usiminas control group would rise from 51.5% to 83.1%, subject to approval by Brazil’s antitrust authorities, and will be financed with cash on hand.
The Usiminas control group holds the majority of voting rights. After completion, the T/T group (Ternium Investments, Ternium Argentina and Confab) would collectively hold 92.9% of the control group, with Previdência Usiminas at 7.1%. Ternium reiterated its commitment to enhancing Usiminas’ competitiveness and value for stakeholders.
Ternium S.A. (TX) furnished interim financials as of September 30, 2025. In Q3, net sales were $3,954,562 thousand and operating income was $215,400 thousand. An income tax expense of $443,593 thousand included a $405 million write-down of deferred tax assets at Usiminas, driving a net loss of $269,869 thousand; profit attributable to owners was $20,608 thousand.
For the nine months, net sales were $11,834,309 thousand, operating income $546,453 thousand, and profit $131,777 thousand, with EPS of $0.15. Cash from operations was $1,786,090 thousand; capital expenditures used $2,038,020 thousand, including $1,606 million for Mexico projects. Cash and cash equivalents were $1,322,885 thousand; total borrowings were $2,045,954 thousand, and total equity was $16,300,245 thousand. The company recorded $116,600 thousand year‑to‑date for ongoing litigation related to the 2012 Usiminas acquisition and paid $353 million in dividends in May 2025. Ternium México entered a $1,250 million green syndicated loan at SOFR + 125 bps, repayable in six semi‑annual installments starting at month 30.
Ternium S.A. (TX) reported Q3 2025 results with net sales of $3,955 million and Adjusted EBITDA of $420 million, for an 11% margin. Steel product shipments were 3.8 million tons and mining shipments were 2.0 million tons.
The quarter showed a net loss of $270 million, driven by a $405 million non-cash write-down of deferred tax assets at Usiminas and a $32 million loss from the ongoing Usiminas participation acquisition litigation provision. Equity holders’ net income was $21 million, or $0.10 per ADS.
Cash from operations was $535 million and capex $711 million, mainly for the Pesquería, Mexico expansion. Net Cash stood at $715 million as of end-September 2025. The board approved an interim dividend of $0.90 per ADS (payment date November 11, 2025; record November 10, 2025), bringing 2025 distributions to $2.70 per ADS (approximately 7% yield). The company guides to a slight decrease in Adjusted EBITDA in Q4 2025, with margins in line as lower revenue per ton is offset by cost reductions.
Ternium S.A. filed a specialized Form SD report disclosing government payments related to the commercial development of minerals for the fiscal year ended December 31, 2024.
The report shows total payments of $68,929,117, including $48,029,915 in taxes, $5,959,222 in fees and $14,939,980 in royalties. All payments were made by mining subsidiaries in Mexico and Brazil and converted to U.S. dollars using the period’s average exchange rates.
The disclosed projects all relate to iron ore extraction, mainly open-pit mines in Mexican states such as Michoacán, Jalisco and Colima and in Brazil’s Minas Gerais state. Ternium provides both project-level and government-level breakdowns, as required under Section 13(q), covering payments to national finance and mining authorities in each country.
Ternium (TX) filed its H1-25 condensed financials. Net sales fell 15% YoY to $7.88 bn as weaker steel volumes/prices hurt the core Steel segment; Mining contributed $267 mn. Gross margin slipped to 14.5% (from 20.0%), driving IFRS operating income down 68% to $331 mn. However, the absence of last year’s $783 mn Usiminas-related litigation charge swung the bottom line to a $402 mn profit (vs. –$252 mn).
Cash from operations rose 10% to $1.25 bn, supported by a $727 mn working-capital release. The group spent $1.33 bn on capex—largely the Mexican DRI-EAF build—resulting in a $126 mn increase in cash to $1.86 bn plus $1.52 bn short-term investments. Net debt stands at $500 mn (gross debt $2.36 bn). Shareholders received $353 mn in May dividends.
Equity is stable at $16.6 bn. Key risks remain the Brazilian CSN lawsuit (potential exposure ≈$495 mn booked) and newly announced U.S. steel tariffs. Subsequent to period-end, Ternium México secured a $1.25 bn green syndicated loan (SOFR +125 bps) to fund the Pesquería expansion, adding liquidity but increasing leverage caps under new covenants.