Rebar prices kept unchanged in Mexico through October, although producers continue to be assertive about hiking prices, sources in the domestic market said. Reported offers, bids and deals led Platts to maintain its Mexican domestic rebar ...
Tags: Rebar prices, Stay Flat, sluggish demand
AkzoNobel has opened a new production line for coil coatings at its facility in Garcia, Mexico. As well as doubling current capacity, the new line will also serve local coated steel manufacturers, including Ternium, Zincacero and Galvasid. ...
Tags: AkzoNobel, coil coatings, Metal Coatings
Argentina’s crude steel production increased 0.3 percent year-over-year in September to 463,800 mt, according to the country’s steel chamber, CAA . Meanwhile, September crude steel production decreased 0.8 percent ...
Tags: Argentina, Crude Steel Production, Energy
Korean automaker Kia announced it will invest more than US$2.5 billion with their suppliers in Nuevo Leon, as Ternium is ready to supply steel to them. The company will build an assembly plant in the town of Pesquería, which is ...
Tags: KIA, Automotive Industry
Ternium Mexico signed an agreement Friday with the National Institute of Entrepreneurship (Inadem) to link together to micro, small and medium-sized Mexican companies in the value chain through the support of 40 million pesos (US$3.07 ...
Tags: Ternium Mexico, Agreement, Energy
Techint, which owns Mexico Ternium, TenarisTamsa, and Tecpetrol, is reportedly contemplating an expansion of its Pesquería Industrial Center Ternium, in Nuevo León state,in order to satisfy the demand for steel that will grow ...
Tags: Techint, Galvanizing Line, Mineral
Altos Hornos de México (AHMSA) recorded crude steel production of 4.14 million tons in 2013, up 7.1 percent year-on-year according to a report this week from the National Chamber of Iron and Steel Industry (CANACERO). The ...
Tags: AHMSA, crude steel, Metallurgy, Mineral
During the second quarter of 2014, Ternium's operating cash flow was US$330.1 million, an 11 percent decrease from the same period last year due to higher value and lower operating costs of steel. In its financial report for the period ...
Tags: Metallurgy, Mineral, Energy
Ternium is considering installing a second line at its Tenigal plant to supply products for the automotive market that are currently being supplied by imports, said Máximo Vedoya, President of Ternium Mexico. He stressed that the ...
Tags: Tenigal Plant, Ternium
Ternium S.A. reported Wednesday that first-quarter net income increased to $150.0 million from $129.3 million in the previous year. Net sales increased to $2.149 billion from $2.136 billion in the same quarter of 2013, primarily from ...
Tags: iron ore, Steel shipments
The Secretariat of Economy (SE) of Mexico published a resolution this week that announces the antidumping investigation on imports of cold rolled steel sheet originating in China, regardless of the country of origin. The document ...
The promotion of new projects in the automotive industry will break a new steel production record for Mexico, pointing to some 19 million tons, said Hugo Solis, president of Mexico’s chapter of the Association for Iron and Steel ...
Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
The Mexican Ministry of Economy announced Wednesday that it has imposed a final anti-dumping duty on imports of rolled steel plate from Russia, as part of a continuing investigation. Duties were set at 29.3 percent on Russian imports of ...
South Korean steelmaker POSCO announced Tuesday that it completed construction of a second plant in Mexico for the production of galvanized steel sheets used in auto frames. The new plant in Altamira, Tamaulipas state, will have an annual ...
Tags: steelmaker, plant