Ternium S.A. reports recurring developments as a Luxembourg steel producer whose American Depositary Shares trade on the NYSE under TX. Company news centers on Steel and Mining segment results, IFRS-based operating data, dividends on ADSs, and annual meeting materials for shareholders and ADS holders.
Updates also cover industrial investment, including the Pesquería, Mexico industrial center, low-carbon steelmaking initiatives, and ownership matters involving Usiminas. Ternium supplies advanced steel products to manufacturing industries and the construction sector, while its mining activities include iron ore products.
Ternium (NYSE:TX) reported first-quarter 2026 results: Adjusted EBITDA $479 million (21% sequential increase) and net income $372 million. First-quarter capex was $406 million; the company completed downstream expansion in Pesquería and acquired 153.1 million Usiminas shares for $315 million. Net cash fell to $327 million from $712 million at year-end 2025. Cash from operations was $217 million after a $233 million working capital increase. Management expects higher Adjusted EBITDA in Q2 2026 driven by shipments and margin improvement.
Ternium (NYSE:TX) said its Board revised the proposed 2025 annual dividend to $2.20 per ADS ($0.22 per share), totaling $432 million, down from the prior $2.70 per ADS. The annual amount includes an interim $0.90 per ADS paid in Q4 2025.
If approved at the May 12, 2026 shareholders meeting, a net dividend of $1.30 per ADS ($0.13 per share) or $255 million will be paid on May 15, 2026, with record date May 14, 2026. The Board cited global uncertainty and said it will take measures to reinforce the balance sheet while maintaining an outlook for sequential adjusted EBITDA improvement in early 2026.
Ternium (NYSE:TX) filed its annual report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission on March 31, 2026.
The annual report is available for download on the SEC website and on Ternium's Investors section at www.ternium.com for investor review.
Ternium (NYSE:TX) announced its Annual General Meeting of shareholders for Tuesday, May 12, 2026 at 9:00 a.m. CET at the company's registered office in Luxembourg.
ADS holders of record as of March 30, 2026 may instruct The Bank of New York Mellon to exercise voting rights. Meeting documents are available free online and at the Luxembourg office beginning March 20, 2026.
Ternium (NYSE:TX) reported Q4 2025 Adjusted EBITDA of $395 million and FY 2025 Adjusted EBITDA of $1.5 billion (10% margin). Net income was $171 million in Q4 and $303 million for 2025. Net cash was $712 million at year-end. Capex totaled $2.5 billion, with major investment in Pesquería. The board proposed an annual dividend of $2.70 per ADS (~6% yield). Management expects higher Adjusted EBITDA and shipments in Q1 2026.
Ternium (NYSE:TX) said its subsidiary Ternium Investments S.à r.l. completed the acquisition of 153.1 million ordinary shares of Usiminas from Nippon Steel and Mitsubishi for approximately $315.2 million cash on February 10, 2026. The transaction follows a previously disclosed agreement on November 5, 2025 and consolidates the announced purchase.
Ternium (NYSE:TX) announced that subsidiary Ternium Investments agreed to buy Nippon Steel and Mitsubishi's remaining participations in Usiminas' control group at $2.06 per ordinary share, totaling approximately $315.2 million for 153.1 million shares.
The purchase would raise Ternium's participation in the Usiminas control group from 51.5% to 83.1%, and together with Ternium Argentina and Confab (Tenaris affiliate) the T/T group would hold 92.9% of the control group; Previdência Usiminas will retain 7.1%. The transaction is subject to Brazil antitrust approval and will be financed with cash on hand.
Ternium (NYSE:TX) reported third-quarter 2025 results: net sales $3,955M, Adjusted EBITDA $420M (margin 11%), and a net loss of $270M. The quarter included a $405M write-down of deferred tax assets at Usiminas and a $32M provision update related to Usiminas litigation. Steel shipments totaled 3,757 kt and mining shipments 2,017 kt. Cash from operations was $535M; capital expenditures were $711M, mainly for Pesquería expansion. Net cash declined by $303M to $715M. The board approved an interim dividend of $0.90 per ADS payable Nov 11, 2025, taking 2025 distributions to $2.70 per ADS.
Management expects slightly lower Adjusted EBITDA in Q4 2025 due to seasonality, with margins broadly stable as cost reductions offset lower revenue per ton.
Ternium (NYSE:TX) reported its Q2 2025 results with improved performance despite market challenges. The company achieved an Adjusted EBITDA of $403 million, up 25% from Q1, with margins increasing to 10%. Net sales remained stable at $3.947 billion, while net income reached $259 million.
Steel shipments decreased 4% sequentially to 3,719 thousand tons, primarily affected by lower volumes in Mexico and the US. The company maintained a strong financial position with $1.0 billion in net cash and generated substantial operating cash flow of $1.0 billion, driven by working capital optimization.
Looking ahead, Ternium expects further improvement in Adjusted EBITDA for Q3 2025, supported by cost reduction initiatives and operational enhancements, despite ongoing challenges in key markets like Mexico and Brazil.
Ternium (NYSE:TX) has published its Sustainability Report 2024, highlighting the company's progress in environmental, social, and governance initiatives. The report details significant advancements in the company's 2030 emissions reduction strategy, including the commissioning of a wind farm in Argentina and construction of a new DRI-EAF technology steel shop in Pesquería.
Key highlights include the company's commitment to environmental impact reduction, energy conservation, and resource optimization. The report also features community development initiatives, such as the construction of a new Roberto Rocca Technical School in Santa Cruz, Brazil. The report follows international standards including GRI, SASB, and TCFD guidelines, while aligning with UN Sustainable Development Goals.