Ternium Reports Mixed Q2 2024 Financials

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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