Ternium

What Ternium does

Ternium S.A. is a publicly traded Luxembourg-domiciled holding company (NYSE: TX; founded 2005/2006) that operates as one of the largest integrated steel producers in the Americas, controlled by the Techint Group's San Faustin vehicle under the Rocca family. The company runs 18 production plants across Argentina, Brazil, Colombia, Mexico, the United States, and Guatemala, supported by 2 mining facilities in Mexico, with 13.8 million tons of annual hot-rolled coil production capacity and a workforce of approximately 21,000 people spanning 27 nationalities. Its product portfolio spans flat steel (hot-rolled, cold-rolled, galvanized, prepainted, tinplate, electrogalvanized), long steel (rebars, wire rods, welded mesh), tubes (conduction, structural, mechanical, fencing), and proprietary construction profiles (Multypanel, Galvateja, Losacero). Manufacturing is anchored by DRI-EAF low-emission steel technology under construction at the Pesquería industrial center in Mexico.

The company's go-to-market is a hybrid enterprise field sales model with a 30-ton minimum for direct orders, supplemented by a distributor network for smaller buyers and the Ternium Activo digital self-service platform for 24/7 orders and inquiries. Revenue is generated almost entirely through one-time sales of physical steel products at quote-based pricing tied to global steel benchmarks, serving primary end markets in construction (residential, commercial, infrastructure) and manufacturing (automotive, industrial equipment, consumer goods). Tertiary segments include SMEs supported through the ProPymes program and renewable energy via the Vientos de Olavarría wind park.

Financially, Ternium generated approximately $15.1 billion in FY2025 revenue and $1.5 billion in Adjusted EBITDA (down from $2.04B in FY2024), with $712 million of net cash and a peak CapEx of $2.5 billion for the Pesquería expansion in 2025 stepping down to ~$2 billion in 2026. The 2026 strategic agenda centers on completing the Usiminas acquisition (Brazil, $315.2M), integrating the TASA acquisition (Argentina), driving anti-dumping enforcement against Chinese imports, and ramping DRI-EAF capacity to capture USMCA-aligned nearshoring demand.

Name

Ternium

Legal name

Ternium S.A.

Website

https://ternium.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Ternium S.A. (NYSE: TX) is a leading integrated steel producer in the Americas operating 18 plants and 2 mining facilities across 7 countries, manufacturing flat, long, and tubular steel products primarily for the construction and manufacturing sectors, with 13.8 million tons of annual hot-rolled coil capacity.

Ownership category

akta.pro rank

Product category

Integrated Steel Manufacturing

NAICS

Metal Can, Box, and Other Metal Container (Light Gauge) Manufacturing (33243), Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210)

SIC

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) (3312), Steel Pipe & Tubes (3317)

akta.pro primary industry

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG)

Keywords

• Flat steel products
• Long steel products
• Steel tube manufacturing
• Structural steel profiles
• Integrated steel production

Headquarters

HQ city

San Nicolás De Los Garsas

HQ country

Mexico

HQ region

Latin America

Offices34 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Products Sales: Ternium generates revenue primarily through the manufacture and sale of steel products including hot-rolled steel, cold-rolled steel, galvanized steel, prepainted steel, and various steel profiles and tubes for construction and manufacturing industries.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ternium is a vertically integrated steel producer that manufactures and supplies a comprehensive portfolio of flat steel (hot-rolled, cold-rolled, galvanized, prepainted, tinplate), long steel (rebars, wire rods, welded mesh), steel tubes (conduction, mechanical, structural, fencing), and structural profiles for construction, infrastructure, automotive, and industrial manufacturing customers across the Americas. The company operates 18 production plants and 2 mining facilities with 13.8 million tons of annual hot-rolled coil capacity and supplements its product offering with the Ternium Activo digital customer service platform for 24/7 inquiries and purchases.

Product overview

Ternium is a leading steel manufacturer operating across the Americas with 18 production plants and 2 mining facilities in Mexico, producing 13.8 million tons of annual hot-rolled coil production capacity. The company offers a comprehensive portfolio of steel products organized into flat steel (hot-rolled steel, cold-rolled steel, galvanized, prepainted, galvanized + aluminum, electrocinado, tinplate), long steel (rebars, wire rods, welded mesh, drawing steel wire), and tubular products (conduction tubes, fencing tubes, tubes for greenhouses, mechanical tubes, enclosing tubes, structural tubes, general use tubes). Additionally, Ternium provides specialty profiles including Multypanel, Galvateja, Losacero, and various structural shapes (angle, Z section, C shape, canal shape, Zintro shapes, drywall shape, U shape). The company also operates Ternium Activo, a digital customer service platform enabling 24/7 inquiries and purchases. Ternium serves the construction, infrastructure, automotive, manufacturing, and agricultural sectors across Argentina, Brazil, Colombia, Mexico, USA, Guatemala, and Central America.

Differentiator

Problem solved

Functional benefit

Products and services

• Flat Steel Products Comprehensive portfolio including hot-rolled steel, cold-rolled steel, galvanized steel, prepainted steel, galvanized + aluminum, electrocincado (electrogalvanized), and tinplate — sold to construction, infrastructure, automotive, appliance, and packaging industries.
• Long Steel Products Steel rebars for concrete reinforcement, wire rods, thread deformed bars, welded mesh, and drawing steel wire — primarily for construction, infrastructure, and concrete-reinforcement applications.
• Steel Tubes Steel tubes including conduction tubes for fluid/gas conveyance, fencing tubes, greenhouse tubes, mechanical tubes, enclosing tubes, structural tubes, and general use tubes for industrial, construction, and agricultural applications.
• Steel Profiles and Construction Systems Steel structural profile products including Multypanel (prefabricated steel panels), Galvateja (steel roofing), Losacero (steel deck for slab systems), and proprietary shapes such as Angle Profile, Z Section, C Shape, Canal Shape, Zintro Shapes, Drywall Shape, and U Shape for residential, commercial, and infrastructure construction.
• Ternium Activo Digital Customer Service Platform Digital service platform exclusively for Ternium customers enabling 24/7 inquiries and purchases of steel products in a fast and simple manner.

Quantifiable outcome

• Q1 2026 EPS of $1.09 vs forecast of $0.8151 (33.73% surprise)
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• UsiminascoreStrategic or Co-development Partner · 10 February 2026Ternium completed acquisition of 153.1 million ordinary shares of Usiminas from Nippon Steel Corporation and Mitsubishi Corporation for approximately $315.2 million in cash. This gives Ternium full control of the Nippon Group's remaining stake in Usiminas' control group, strengthening its position in the Brazilian steel market.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Usiminas: Brazilian integrated flat steel producer now majority-owned by Ternium. Directly comparable flat steel capacity and customer base in Brazil and is a key part of Ternium's regional consolidation strategy.
• Gerdau: Gerdau is the largest long steel producer in the Americas, headquartered in Brazil with operations across the Americas. Directly comparable to Ternium's flat and long steel product mix, similar geographic footprint, and competing in construction and manufacturing end markets.
• Companhia Siderúrgica Nacional (CSN): CSN is a major Brazilian integrated steelmaker producing flat steel, galvanized, and tinplate products. Directly comparable product portfolio and competes with Ternium in Brazilian and South American flat steel markets.

Broad incumbents

• Steel Dynamics: U.S.-based EAF steel producer serving construction and manufacturing markets. Comparable on EAF technology platform, flat-rolled and structural products, and competes in U.S. customer bases served by Ternium's Shreveport and Mexico operations.
• Voestalpine: Austrian-based European steel producer with advanced high-strength steel offerings for automotive and construction. Comparable on value-added steel focus and competes with Ternium in automotive supply chains reaching European OEMs.
• POSCO: South Korean integrated steelmaker with global flat steel footprint. Comparable on galvanized, electrical, and high-grade steel products, and a global competitor for advanced coated steel applications.
• ArcelorMittal: ArcelorMittal is the world's largest steelmaker with deep Latin American operations including Brazil and Mexico. Overlaps with Ternium on flat steel, automotive, and construction markets and competes head-to-head on regional capacity and pricing.
• Nucor Corporation: Nucor is the largest U.S. steel producer using EAF technology. Comparable in mini-mill/EAF process technology and competing with Ternium in U.S./Mexico cross-border automotive and construction supply chains.
• Cleveland-Cliffs: Largest flat-rolled steel producer in North America serving automotive, construction, and infrastructure. Competes with Ternium on flat steel, automotive contracts, and price-setting across the USMCA region.

Others

• Tenaris: Sister company under the Techint/San Faustin group, producing seamless steel pipes for oil & gas. Comparable on corporate governance, regional presence, and steel industry exposure but operates in a distinct product niche (OCTG vs. flat/long steel).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ternium
• YouTubeyoutube.com/channel/UCia74uwcMuMjQVLZA-ZeBJA
• Facebookfacebook.com/TerniumenMonterrey
• LinkedInlinkedin.com/company/ternium

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ternium