[stock_market_widget type="clock-markets" template="analog" timezone="America/New_York" title="New York" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/London" title="London" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Europe/Brussels" title="Brussels" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Hong_Kong" title="Hong Kong" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Asia/Tokyo" title="Tokyo" style="font-size: 7px; width: 100px;"] [stock_market_widget type="clock-markets" template="analog" timezone="Australia/Sydney" title="Sydney" style="font-size: 7px; width: 100px;"]

Stock Market News

Steelmaker Ternium expects revenue per ton to drop in Q3 on lower steel prices

08/03/2022

Less than a minute

2022.08.03 18:26

Steelmaker Ternium expects revenue per ton to drop in Q3 on lower steel prices
FILE PHOTO: The logo of the steelmaker Ternium is pictured outside its plant, in Monterrey, Mexico April 11, 2020. REUTERS/Daniel Becerril

(Reuters) – Steelmaker Ternium expects revenue per ton to decrease in the third quarter of 2022 due to lower benchmark steel prices, the company said in a presentation following second-quarter results Wednesday.

In its quarterly report, it said it expected costs per ton to increase, which would likely lead to a lowered adjusted earnings before interest, tax, depreciation and amortization (EBITDA) in the third quarter compared to the second quarter.

Source

08/03/2022

Less than a minute