Ternium positive on Mexico steel outlook
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Mexican steelmaker Ternium expects strong domestic steel sales and pricing to continue through the first half of 2027 after posting record third-quarter shipments in Mexico.
Mexican steelmaker Ternium expects strong domestic steel sales and pricing to continue through the first half of 2027 after posting record third-quarter shipments in Mexico.
The company continues to take market share from imports to Mexico, while growing steel demand for infrastructure, energy and data center projects should support sales in the coming quarters, executives said on a 4 November earnings call.
"Prices will continue to hold at this level or a little bit up," chief executive Maximo Vedoya said.
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