A maker of flat and long steel products, Ternium runs the whole process from iron ore mining to finished steel, with production centers across Mexico, Argentina, Brazil, Colombia, Guatemala, and the United States. It was created in 2005 when the Techint Group merged three steelmakers—Siderar, Hylsa, and Sidor—into one company. Its name blends the Latin words for "three" and "eternal," a nod to those three founding mills and the lasting nature of steel.
Ternium releases Sustainability Report 2025, sets 15% CO2 intensity reduction target by 2030
The company set a target to reduce CO2 equivalent emissions intensity by 15% by 2030 (vs. 2024 base year), covering Scope 1, 2, and 3 (categories 1 and 10) emissions, including Usiminas.
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Ternium S.A. (NYSE: TX) announced the release of its Sustainability Report 2025 on July 8, 2026.
In 2025, Ternium invested $93 million in environmental, decarbonization, and energy-efficiency initiatives, and $102 million in occupational health and safety programs.
The Vientos de Olavarría wind farm in Argentina generated 434 GWh in its first full year, replacing about 90% of Ternium Argentina's previously purchased grid electricity.
The report was prepared considering the European Sustainability Reporting Standards (ESRS) as a framework, along with GRI, SASB, World Steel Association, and TCFD guidelines.
Ternium S.A. furnished its Sustainability Report 2025 as Exhibit 99.1 to a Form 6-K filed on July 8, 2026.
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The report covers 2025 performance, including steel shipments of 15 million tons, net sales of $15.6 billion, and adjusted EBITDA of $1.5 billion.
Ternium reduced its dividend to $2.20 per ADS for 2025 due to geopolitical uncertainty and falling steel prices.
The Pesquería Industrial Center expansion is progressing: cold rolling and galvanizing lines are complete, with slab mill and DRI facilities expected to start up in early 2027.
In February 2026, Ternium acquired Nippon Steel's remaining stake in Usiminas for $315 million, increasing its ownership to 83% of the controlling group and 38% of the company.
Ternium invested $93 million in environmental and decarbonization initiatives and $102 million in health and safety programs during 2025.
Ternium S.A. shareholders approve USD 0.22 per share annual dividend at May 12, 2026 AGM
At the Annual General Meeting held on May 12, 2026, shareholders approved the 2025 annual report and consolidated financial statements for 2023-2025.
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An annual dividend of USD 0.22 per share (USD 2.20 per ADS) was approved, payable on May 15, 2026, including the interim dividend of USD 0.09 per share paid on November 12, 2025.
The dividend balance of USD 0.13 per share (USD 1.30 per ADS), totaling USD 255 million, will be paid from 2025 profit; the remaining profit will go to retained earnings.
All eight current board members were reappointed, and director compensation for 2026 was set at USD 115,000 per member, with additional fees for the Chairman and Audit Committee members.
PricewaterhouseCoopers Assurance was reappointed as independent auditor for fiscal year 2026, with fees approved in seven currencies.
Shareholders renewed authorization for the company and subsidiaries to buy back shares, and authorized the board to appoint attorneys-in-fact.
Ternium shareholders approve all resolutions at May 12, 2026 annual general meeting
Shareholders approved the consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2025.
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The annual dividend of $2.20 per ADS ($0.22 per share) was approved, including the interim dividend of $0.90 per ADS paid in November 2025.
A net dividend of $1.30 per ADS ($0.13 per share) will be paid on May 15, 2026 to shareholders of record as of May 14, 2026.
The board of directors was maintained at eight members, with all eight current directors re-elected, including Paolo Rocca and Daniel Novegil.
PricewaterhouseCoopers Assurance was appointed as independent auditors for fiscal year 2026, and Paolo Rocca was re-appointed as chairman, Daniel Novegil as vice-chairman, and Máximo Vedoya as CEO.
Ternium reports Q1 2026 net income of $372 million, Adjusted EBITDA up 21% sequentially
Net income was $372 million, including a $132 million deferred tax gain and a $48 million loss from Usiminas litigation provision.
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Adjusted EBITDA rose 21% sequentially to $479 million in Q1 2026, driven by higher realized steel prices.
Steel product shipments totaled 3.7 million tons, flat sequentially; mining segment shipments fell 16% to 2.8 million tons.
Capital expenditures were $406 million, mainly for the Pesquería, Mexico expansion; the company completed the downstream expansion and advanced the new steel shop.
Net cash position decreased to $327 million at March 31, 2026, from $712 million at end of 2025, partly due to the $315 million acquisition of Usiminas shares.