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Ternium S.A. is a multinational corporation in the materials sector, operating within the steel and metallurgical subsector and focused on the production of flat and long steel products. The company’s formation traces back to the Techint industrial group, founded by Agostino Rocca, whose expansion in the steel segment sought to meet the growing demand for steel products across Latin America.
Its product portfolio includes hot-rolled, cold-rolled, galvanized, pre-painted steel, tubes, heavy plate, and steel solutions supplied to the automotive, construction, energy, home appliances, and capital goods industries. Additional services include processing, cutting, forming, and integrated supply solutions for large industrial clients.
The commercial footprint spans operations in Argentina, Mexico, Brazil, Colombia, the United States, and Guatemala, with sales reach across several countries in the Americas. Distribution channels include direct sales to automakers, metal structure manufacturers, steel distributors, oil and gas companies, and large-scale industrial clients.
Relevant market factors include volatility in global steel prices, raw-material cost fluctuations—particularly iron ore and coal—demand cycles in the automotive and construction industries, and trade policies and tariffs imposed by different countries. Competition arises from global steelmakers and regional producers with comparable installed capacity.
The scale of operations encompasses millions of tons of annual production capacity, thousands of industrial customers, and an extensive network of service centers. Manufacturing facilities are located in strategic Latin American countries and supported by distribution centers and complementary processing units.
The operational structure includes integrated and semi-integrated mills, rolling facilities, galvanizing units, and customer service centers. Logistics rely on road, rail, and maritime transportation to supply raw materials and distribute finished products. The administrative headquarters is located in Luxembourg, with operating subsidiaries distributed across countries where the company maintains production assets.
Ternium S.A. is listed on the New York Stock Exchange (NYSE) under the ticker TX.
History and Foundation
Ternium S.A. was established in 2005 in Luxembourg as part of the consolidation of the Techint Group’s steel operations, integrating industrial assets in Argentina, Mexico, and other Latin American markets.
The initial years were marked by the operational integration of acquired plants, standardization of industrial processes, and optimization of supply chains, emphasizing productivity gains and coordination among regional units.
The subsequent growth cycle included the acquisition of the Mexican steelmaker Hylsamex in 2005, expanding its presence in the North American market and consolidating laminated steel production capacity. New investments were directed toward technological modernization, galvanization, and capacity expansion in strategic markets.
Key historical milestones include the company’s initial public offering (IPO) in 2006 on the NYSE, the integration of Sidor’s operations in Venezuela in 2008 prior to its later nationalization, and continuous expansion in Mexico throughout the 2010s, with new galvanizing and rolling lines.
Between 2020 and 2024, the period was defined by adjustments resulting from global steel price volatility, investments in decarbonization and energy efficiency, capacity expansions in Mexico, and impacts linked to Latin American industrial cycles and post-pandemic supply-chain reorganization.
Additional Information
The Company Ternium S.A. (United States), is listed on NYSE with a market value of $ 7.85 Billions, having an equity of $ 16.30 Billions.
With a total of 20.173 employees, the company is listed in the sector of Basic Materials and categorized in industry of Iron and Steel.
In the last 12 months the Company had a revenue of $ 15.71 Billions, which generated a profit in the amount of $ 584.06 Millions.
As for its main indicators, the Company has a P/E ratio of 13.44, a P/BV ratio of 0.48 and in the last 12 months the dividend yield of TX was at 6.74%.
The Company is traded internationally through the ticker TX.
