Ternium S.A.

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ternium s.a. - All News and Analysis

• Ternium Plans to Invest US$4.2 Billion in New Flat Steel Plant in Mexico

  - 2008-09-08

  Ternium S.A. (NYSE: TX) today announced that it plans to invest a total of US$4.2 billion over the next five years to build a flat steel plant in Mexico aimed at expanding its production capacity. The project's initial phase involves the design and construction of a state-of-the-art flat-rolled mini...

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• Ternium Updates Market on Sidor Nationalization Process

  - 2008-08-29

  Ternium S.A. (NYSE: TX) announces that the President of the Bolivarian Republic of Venezuela has publicly stated his rejection of the latest proposal submitted by Ternium to the Venezuelan authorities as part of their negotiations on the compensation payable to Ternium in connection with the Sidor nationalization announced last April....

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• Venezuela Assumes Operational Control of Sidor

  - 2008-07-14

  Ternium S.A. (NYSE: TX) announced that, upon expiration of the term contemplated under Venezuela's Decree Law 6058 (the "Decree"), Venezuela, acting through Corporación Venezolana de Guayana, or CVG, has assumed operational control of Sidor. Following the change in operational control, CVG has assumed complete responsibility over Sidor's operations; Sidor's...

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• Ternium Confirms Dividend Payment and Election of Directors

  - 2008-06-04

  Ternium S.A. (NYSE: TX), in its annual general shareholders meeting today, approved the consolidated financial statements and unconsolidated annual accounts for the year ended December 31, 2007 and the proposed dividend of US$0.05 per share (US$0.50 per ADS), or approximately US$100 million. Ternium will pay the dividend on June...

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• Ternium Further Updates Market on Sidor Nationalization Process

  - 2008-05-13

  Ternium S.A. (NYSE: TX) announced that Decree Law 6058 regulating the steel production activity in the Guayana, Venezuela region (the "Decree") became effective today upon its publication on Venezuela's Official Gazette. The Decree represents a further step towards the nationalization of Ternium's majority owned subsidiary Sidor. The Decree...

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• Ternium Announces First Quarter 2008 Results

  - 2008-05-05

  Ternium S.A. (NYSE: TX) today announced its results for the first quarter ended March 31, 2008. The financial and operational information contained in this press release is based on consolidated financial statements prepared in accordance with International Financial Reporting Standards IFRS and presented in U.S. dollars and metric tons....

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• Ternium Announces Annual General Shareholders' Meeting

  - 2008-04-28

  Ternium S.A. (NYSE: TX) announced today that its annual general shareholders' meeting will be held on Wednesday, June 4, 2008, at 2:30 p.m. C.E.T., at the Company's registered office in Luxembourg, located at 46A, avenue John F. Kennedy L-1855 Luxembourg. Each holder of Ternium ADSs as of April 29,...

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• Ternium Updates Market on Sidor Nationalization Process

  - 2008-04-17

  Ternium S.A. (NYSE: TX) announced today that, following the confirmation of the Venezuelan government's decision to nationalize Sidor, Ternium, Sidor and the Venezuelan government have entered into an agreement providing for the creation of a transition committee, composed of representatives of the government, the union and Sidor's Class B shareholders....

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• Ternium Comments on Recent Developments in Venezuela

  - 2008-04-09

  Ternium S.A. (NYSE: TX) announced today that Venezuela's Vice President Ramon Carrizales has informed representatives of Sidor of the Venezuelan government's intention to nationalize its majority-owned subsidiary Sidor. Ternium, however, has not yet received any formal notice in this respect. Mr. Carrizales has announced the appointment of a negotiating...

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• Ternium Announces Full Year and Fourth Quarter 2007 Results

  - 2008-02-26

  Ternium S.A. (NYSE: TX) today announced its results for the full year and fourth quarter ended December 31, 2007. The financial and operational information contained in this press release is based on consolidated financial statements prepared in accordance with International Financial Reporting Standards IFRS and presented in U.S. dollars...

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