Ternium SA (TX) has released an update.
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Ternium S.A. reported its third-quarter 2024 results, highlighting shipments of 4.1 million tons of steel products and 1.8 million tons of mining products. The company recorded an adjusted EBITDA of $368 million and a net income of $93 million, while also announcing an interim dividend of $0.90 per ADS. Despite a slight decline in operating income compared to previous quarters, Ternium maintains a strong net cash position of $1.7 billion, indicating financial stability.
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