Ternium 'cautious' about US Section 232; no expected effects on trade

By Ana Paula Camargo / February 21, 2018 / www.metalbulletin.com / Article Link

The recommendations made by the United States Department of Commerce for trade action against steel imports under its Section 232 powers would introduce "an elementary of uncertainty" into the market that would last until a final decision on the matter is made, according to Latin American steel group Ternium.

"We are looking at [this subject] with caution," M??ximo Vedoya, who will replace Daniel Novegil as Ternium's chief executive officer on March 1, said during a call with analysts on Wednesday February 21.US steel exports to Mexico are larger than the volumes sold by Mexican mills in the US market, Vedoya said."Around 50%...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok