Record High Shipments in Mexico
In Q3 2024, Ternium achieved record high shipments in the Mexican market, despite anticipating a decline in shipments for Q4 due to seasonal weakness.
Strong Outlook for 2025
Ternium anticipates improved margins in 2025 due to lower raw material costs and cost-cutting initiatives. The company also expects growth in the Mexican automotive market and continued nearshoring trends.
Expansion and Sustainability Initiatives
Ternium is progressing with significant expansion projects in Pesqueria, including new production lines and a slab-making facility. Additionally, the company is enhancing its sustainability efforts, with a new wind farm in Argentina and updated decarbonization targets.
Dividend Yield and Payout Ratio
Despite a nominal reduction in dividend payment, Ternium maintains a high dividend yield of about 8% and a 68% payout ratio, reflecting its strong financial position.