Mexico Chooses ANDRITZ for Ternium Push Pickling Line for High-Strength Steel Production

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TERNIUM S.A ($NYSE:TX) is a Latin American steel producer and a leading player in the steel industry, providing steel products and services for construction, automotive, energy, and industrial applications. Ternium has operations in Mexico, Argentina, Colombia, Guatemala, Honduras, and the United States. Recently, Ternium Mexico has chosen ANDRITZ to provide them with a new push pickling line for advanced high-strength steels. This new line will be used to increase the production of high-strength steel products with improved quality and cost efficiency. It will also help to reduce environmental impact by cutting down on emissions. The new line is expected to be operational in the middle of 2021.

ANDRITZ is one of the world’s leading suppliers of technology and equipment for the metallurgical industry. The company has supplied pickling lines to Ternium Mexico before, and this new contract builds on their successful relationship. This new line will be equipped with features such as an automatic pickling head and an integrated acid recovery system to help reduce operating costs. The new line is expected to help Ternium Mexico produce higher-quality and more cost-effective steel products, allowing them to meet the growing demand for high-strength steels in the region. By investing in advanced technology from ANDRITZ, Ternium Mexico is taking an important step forward in their production capabilities.

Market Price

On Tuesday, Mexican-based steel producer Ternium S.A announced that it has chosen Austria-based engineering company ANDRITZ to supply a push-pickling line for the production of high-strength steel. Currently, media coverage is mostly positive, as this new technology is expected to significantly improve the efficiency of Ternium’s production process. The company has built a strong reputation for its commitment to quality, safety, and environmental standards. The push-pickling line supplied by ANDRITZ will be used to strip off rust and scale from hot-rolled steel strip and strip profiles, as well as to prepare the surface of the steel for subsequent post-treatment processes. This new technology is expected to help Ternium increase its production capacity and reduce production costs, while ensuring that its products meet the highest standards of quality and safety.

On Tuesday, TERNIUM S.A stock opened at $31.3 and closed at $30.6. This announcement was received positively by investors, who see it as a sign of the company’s commitment to innovation and progress. It is likely that the stock price will continue to rise as the company continues to invest in new technologies and processes that will help it remain competitive in the global steel market. Live Quote…

About the Company

Key Ratios Snapshot

Some of the financial key ratios for Ternium S.a are shown below. More…

VI Analysis

TERNIUM S.A. is a medium risk investment according to VI Risk Rating. This rating considers the company’s fundamentals and long term potential to assess the risk associated with investing in it. The VI App has identified one risk warning in the balance sheet, which can be examined further by registering on the app. The company’s financials are analyzed in terms of liquidity, profitability and debt-to-equity ratio. The company’s balance sheet is checked for any off-balance sheet liabilities and commitments. The company’s operations are also taken into account to determine whether it is able to generate a positive return on its investments. The company’s credit ratings are also taken into consideration to assess its ability to meet its financial obligations. The company’s management is evaluated to ascertain whether the management is capable of making sound decisions and effectively managing the business. Furthermore, the company’s industry and competitive landscape are considered to understand the risks associated with its business environment. Overall, TERNIUM S.A. is a medium risk investment based on the analysis of its fundamentals and long term potential. Investors should use the information provided by the VI App to further study the risk warnings identified and make an informed decision about whether to invest in the company or not. More…

VI Peers

In recent years, the Chinese steel industry has been undergoing a period of intense competition, with a number of major players vying for market share. Among them, Ternium SA has emerged as a key competitor, particularly in the production of high-quality steel products. The company has invested heavily in research and development in order to maintain its position as a leading player in the industry, and this has paid off in terms of both market share and profitability. While Ternium faces stiff competition from a number of other major Chinese steel producers, it is well-positioned to continue its growth in the years ahead.

– Lingyuan Iron & Steel Co Ltd ($SHSE:600231)

Lingyuan Iron & Steel Co Ltd is a Chinese steel producer with a market cap of $5.88B as of 2022. The company has a Return on Equity of -2.8%. Lingyuan Iron & Steel Co Ltd produces a variety of steel products including pipes, plates, and coils. The company has over 3,500 employees and operates in China, Europe, and the United States.

– Daehan Steel Co Ltd ($KOSE:084010)

Daehan Steel Co Ltd is a South Korean steel manufacturer. The company has a market cap of 232.09B as of 2022 and a Return on Equity of 28.52%. Daehan Steel Co Ltd is a leading manufacturer of steel products in South Korea. The company produces a wide range of steel products, including hot rolled coils, cold rolled coils, galvanized steel coils, and pre-painted steel coils.

– Xinjiang Ba Yi Iron & Steel Co Ltd ($SHSE:600581)

Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese steel company with a market cap of 5.72 billion as of 2022. The company has a Return on Equity of -24.16%. The company is involved in the production of iron and steel products.

Summary

Investing in Ternium S.A. can be a great opportunity for investors looking to gain exposure to the steel industry. Ternium S.A. is a leading integrated steel producer in Latin America. The company operates through its subsidiaries in Mexico, Argentina, Colombia, USA, Guatemala, and other countries in Latin America. The company produces flat and long steel products which are used in a wide range of industries, including construction, automotive, and white goods. Ternium S.A. has been expanding its operations over the years and has acquired a number of steel-producing companies in Latin America, as well as acquiring a stake in the Usiminas steel plant in Brazil. This has allowed the company to increase its production capacity and expand its product offering. The company’s financials have been strong over the past few years, with revenues increasing steadily and profits growing.

This has been driven by strong demand for steel products in Latin America and its ability to capitalize on growth opportunities in the region. The company also has a strong balance sheet with low debt levels, which is a positive for investors. Ternium S.A. is investing heavily in new technologies and modernizing its production processes with the recent selection of ANDRITZ for its push pickling line for high-strength steel production. This will help the company stay ahead of the competition and continue to grow its market share in the region. Overall, investing in Ternium S.A. can be a good option for investors looking to gain exposure to the steel industry and capitalize on the growth opportunities that the company is able to capitalize on in Latin America. With its strong financials, low debt levels and increasing production capacity, it is an attractive option for investors seeking a long-term investment in the steel industry.