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Profile: Ternium SA (TX)

TX on New York Consolidated

22 Apr 2019
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Ternium S.A. (Ternium), incorporated on February 3, 2004, is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region and Other Markets. In the steel segment, steel products include slabs, billets and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. Galvanized and pre-painted sheets can be further processed into a range of corrugated sheets, trapezoidal sheets and other products to serve its customer requirements. In the mining segment, iron ore is sold as concentrates (fines) and pellets.

Ternium has steel production facilities, service centers, distribution centers (DCs) and mining operations in Mexico, steel production facilities and service centers in the Southern Region, and steel production facilities, service centers and DCs in other markets, specifically Colombia, the United States and Central America. Ternium's aggregate production capacity of finished steel products is approximately 11.0 million tons, of which over 7.2 million tons correspond to facilities located in Mexico, over 2.9 million tons correspond to facilities located in the Southern Region and over 0.9 million tons correspond to facilities located in other markets. Ternium's aggregate production capacity of iron ore pellets is approximately 4.0 million tons.

Steel products

Slabs, billets and round bars are semi-finished steel forms with dimensions suitable for the Company's processing into specific product types. Slabs are processed into hot-rolled flat products. Hot-rolled flat products are used by a range of industrial consumers in applications, such as the manufacturing of wheels, auto parts, pipes, gas cylinders and containers. They are also directly used for the construction of buildings, bridges and railroad cars, and for the chassis of trucks and automobiles. Merchant bars include specific shape features, such as rounds, flats, angles, squares and channels, which are used by customers to manufacture a range of products, such as furniture, stair railings and farm equipment. Cold-rolled products are applied to the automotive, home appliance and capital goods industries, as well as to galvanizers, drummers, distributors and service centers. Galvanized sheets are produced by adding a layer of zinc to cold-rolled coils, which are afterwards cut into sheets. Galvanized sheets are used in the automotive, construction and home appliances industries.

Ternium also offers, under the trademark Zintroalum in Mexico and Cincalum in Argentina, a type of galvanized product with coating composition that contains approximately 55% aluminum and 44% zinc, for the construction industry, including rural, industrial and marine sites. Roll-formed and tubular products include tubes for general use, structural tubes, tubes for mechanical applications, conduction tubes, conduction electrical tubes, oil tubes and pre-engineered metal building systems. Tubular products, uncoated or galvanized, have applications in various sectors, including home accessories, furniture, scaffolding, automotive, bicycles, hospital equipment, posts for wire mesh garden and poultry tools, handrails, guard-rails, agricultural machinery, industrial equipment, conduction of water, air, gas, oil, high-pressure liquids and special fluids and internal building electrical installations. Its other products include pig iron, a semi-finished product obtained in the blast furnace that is used as metallic charge in the steel shop for the production of crude steel, and also marketed to other steel producers and to manufacturers of iron-based cast products.

Iron ore products

Concentrates (fines) and pellets are raw materials used for the production of steel. Iron ore concentrates are iron ore fines with high iron content. Iron ore pellets are produced from iron ore concentrates. Ternium ships most of the pellets to its own steel manufacturing operations and it also markets a portion of its iron ore pellets and concentrates, if any, to other steel manufacturers.

The Company competes with AHMSA, Grupo Villacero, POSCO, ArcelorMittal, Aceros San Luis, Deacero, Talleres y Aceros, Tuberia Laguna, Maquilacero, Siderar, Usiminas, Companhia Siderurgica Nacional, Gerdau, Acerias de Colombia, Siderurgica Nacional, Siderurgica del Occidente, Votorantim, Tata Steel, US Steel, Severstal, Nippon Steel & Sumitomo Metal Corporation, AK Steel Corporation and Steel Dynamics Incorporated.

Company Address

Ternium SA

29 Avenue de la Porte-Neuve
P: +3524661.113815

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