Ternium S.A. Reports Operating Results for the Fourth Quarter and Full Year Ended December 31, 2020
February 23, 2021 at 04:24 pm EST
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Ternium S.A. reported operating results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported Steel Shipments of 3,067,000 tons against 2,917,000 tons a year ago. Iron Ore Shipments was 943,000 tons against 917,000 tons a year ago.
For the year, the company reported Steel Shipments of 11,360,000 tons against 12,511,000 tons a year ago. Iron Ore Shipments was 13,797,000 tons against 3,576,000 tons a year ago.
Ternium S.A. is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region and Other Markets. In the steel segment, steel products include slabs, billets and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. In the mining segment, iron ore is sold as concentrates (fines) and pellets.
TERNIUM S.A. 
