Ternium SA (TX) has released an update.
Ternium S.A. has released its financial results for the second quarter and first half of the year 2024, revealing a mix of operational milestones and financial challenges. The report highlights a shipment volume of 3.8 million tons of steel products and 1.5 million tons of mining products, alongside a significant adjusted net loss. The company’s cash position remains robust, however, with a net cash total of $1.9 billion despite the losses incurred.
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