Ternium
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Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. It is the leading steel company in Latin America with highly integrated processes to manufacture steel and value-added products. Along with Nippon Steel and Companhia Siderúrgica Nacional, Ternium owns Usiminas of Brazil. The company has an annual production capacity of 12.4 million tons.[1]
Quick Facts Company type, Traded as ...
Company type | Public |
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BCBA: TXAR NYSE: TX MERVAL component | |
Industry | Steel |
Founded | 2005; 19 years ago (2005) |
Headquarters | Luxembourg, Luxembourg |
Key people | Paolo Rocca, Chairman Daniel Novegil, CEO |
Products | Steel Cast iron Coke (fuel) Slag |
Production output | 9.764 million tons of steel and 3.310 million tons of iron ore |
Revenue | US$9.700 billion (2017) |
US$1.022 billion (2017) | |
Total assets | US$12.122 billion (2017) |
Total equity | US$5.852 billion (2017) |
Owner | Techint (62%) Tenaris (11.0%) |
Number of employees | 21,255 (2017) |
Website | www |
Footnotes / references [1] |
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The company takes its name from the Latin words Ter (three) and Eternium (eternal) in reference to the integration of the three steel mills.