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    Market Segment

    February 20, 2024

    Ternium sees earnings soar in Q4, expects increasing Mexican steel demand

    Written by Ethan Bernard

    Ternium SA

    Fourth quarter ended Dec. 3120232022% Change
    Net sales$4,931$3,54639.1%
    Net earnings (loss)$554$59839%
    Per diluted share$2.11$0.20955%
    Twelve months ended Dec. 31
    Net sales$17,610$16,4147.3%
    Net earnings (loss)$986$2,093-52.9%
    Per diluted share$8.59$9.00-4.6%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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