Ternium S.A.

Ternium S.A. is a steel manufacturing and distribution company organized under two operating segments: Steel and Mining. The Steel segment produces and sells a broad range of flat and long steel products including slabs, heavy plates, hot and cold rolled products, coated products, stamped steel parts for the automotive industry, roll-formed and tubular products, billets, bars, and energy. The Mining segment produces and sells iron ore and iron ore pellets through its wholly-owned Las Encinas, its 50% interest in Peña Colorada, and through Mineração Usiminas (70% owned by Usiminas). The company's American Depositary Shares trade on the NYSE under the symbol TX, with each ADS representing 10 shares. Ternium operates across Mexico, Argentina (Southern region), and Brazil, with Mexico being its largest market. The company holds a controlling position in Brazilian steelmaker Usiminas through a 37.52% ownership interest and 83.1% stake in the Usiminas control group following its February 2026 acquisition of Nippon Steel and Mitsubishi Corporation's remainder participations. Ternium is controlled by Techint Holdings, which indirectly holds 65.03% of shares. The company is currently executing a major investment plan at its Pesquería facilities in Mexico and recently acquired Tubos Argentinos S.A., expanding its downstream presence in Argentina. Updated Aug 5, 2026