- Zacks
3 Steel Producer Stocks to Escape Industry Headwinds
A pullback in steel prices and the sluggishness in China mar prospects for the Zacks Steel Producers industry. STLD, TX and USAP are well poised to navigate the current challenging environment.
- Insider Monkey
Ternium S.A. (NYSE:TX) Q1 2024 Earnings Call Transcript
Ternium S.A. (NYSE:TX) Q1 2024 Earnings Call Transcript April 25, 2024 Ternium S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and thank you for standing by. At this time, I would like to welcome everyone to the Ternium […]
- Reuters
UPDATE 1-Profits from Ternium edge up, slimmer margins seen in next quarter
Steelmaker Ternium on Wednesday posted a first-quarter net profit that edged up 2%, propelled by larger shipments of steel even as it predicted that margins could shrink in the coming months. Ternium, which produces flat steel products for industrial use, posted a net profit of $491 million while its net sales rose by about a third to reach $4.8 billion during the quarter. The company's steel shipments during the January-to-March period, meanwhile, jumped 27% year-on-year to hit 3.9 million metric tons.
