Ternium expects higher steel slab sales in Q2

May 04, 2019 / www.metalbulletin.com / Article Link

Latin American steel group Ternium expects sales of steel slab to continue rising in the second quarter of 2019, after an increase of 8.51% year on year in the first quarter.

The company sold 880,000 tonnes of steel slab in the first three months of the year, compared with 811,000 tonnes a year before, it said on Thursday May 2."Our slab facility in [Brazil's] Rio de Janeiro state is doing well, and we expect it to increase sales in the second quarter [compared with the first quarter] due to higher sales to third parties," chief executive officer M??ximo Vedoya said.The company's slab facility in Brazil was acquired in...

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