Ternium Reports Q3 2026 Earnings Growth Driven by Mexican Steel Volume and Margin Expansion
Ternium S.A. (TX) reported strong third-quarter 2026 results, highlighted by an adjusted EBITDA of $785 million, a 10% sequential increase. This growth was primarily fueled by higher steel shipment volumes in Mexico and improved pricing margins within the steel segment. The company's nine-month net income reached $1.2 billion, nearly triple the amount reported during the same period in 2025. Despite robust performance in Mexico, management noted regional headwinds, including a complex steel market in Brazil and soft demand in Argentina due to economic pressures and unfair imports. The company is currently transitioning from a heavy investment cycle toward an execution phase, as evidenced by a decrease in nine-month capital expenditures compared to the previous year. Strategic investments continue with the construction of a new slab mill at Pesquería.
Tickers: $TX
Topics: Dividends EBITDA Free Cash Flow Net Income Steel Shipments