Strong Financial Position
Ternium reported shipments of 16 million tons for 2024 with an adjusted EBITDA of $2 billion on a 12% margin. The company's net cash position remains strong at $1.6 billion by the end of December, even with significant CapEx and dividend payouts.
Downstream Expansion Progress in Mexico
Significant progress on the downstream expansion project in Mexico, including the start of operations at the pickling line and finishing center. Two remaining lines are under construction, with planned startups by the end of 2025.
Wind Farm Initiative in Argentina
The wind farm in Argentina began generating energy, expected to deliver approximately 480 gigawatt-hours per year, providing substantial economic benefits and assisting in decarbonization goals.
Operational Improvement in Brazil
Brazil experienced a positive year with a 10% increase in flat steel consumption and vehicle production. Usiminas achieved significant operational improvements, producing 3.2 million tons of crude steel.
Educational Initiatives
Ternium opened the Roberto Roca Technical School in Brazil, providing high-quality technical education and scholarships to students, reflecting the company's commitment to community development.