Ternium
| Company type | Public |
|---|---|
| BCBA: TXAR NYSE: TX MERVAL component | |
| Industry | Steel |
| Founded | 2005 |
| Headquarters | Luxembourg, Luxembourg |
Key people | Paolo Rocca, Chairman Daniel Novegil, CEO |
| Products | Steel Cast iron Coke (fuel) Slag |
Production output | 9.764 million tons of steel and 3.310 million tons of iron ore |
| Revenue | US$17.610 billion (2023) |
| US$676 million (2023) | |
| Total assets | US$24.179 billion (2023) |
| Total equity | US$12.419 billion (2023) |
| Owner | Techint (62.02%) Tenaris (11.46%) Inverban Investments (3.01%), all of which are controlled by San Faustin S.A. |
Number of employees | 34,458, including 17,138 in Brazil and 10,103 in Mexico (2023) |
| Website | www |
| Footnotes / references | |
Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. Ternium owns a 51.5% interest in Usiminas of Brazil. The company has an annual production capacity of 15.4 million tons. In 2023, 55% of its sales were from Mexico; 21% of sales were from Argentina; Bolivia, Chile, Paraguay and Uruguay; 13% of sales were from Brazil; and 11% of sales were from the United States, Colombia and Central America.
Approximately 21% of the company is publicly-traded; the remainder is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting.
The company takes its name from the Latin words Ter (three) and Eternium (eternal) in reference to the integration of the three steel mills.