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Ternium considers anti-dumping lawsuits in Mexico to counter Asian imports

Reuters · ·by G4L

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TX Ternium SA ADR
$51.11 -0.25%
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  1. 1Ternium stated it is very likely to file more anti-dumping lawsuits in Mexico to counter imports from Asia.
  2. 2Ternium expects an additional margin of $50 to $100 per ton if Pesquería slabs are used instead of imported slabs.
  3. 3Ternium and its partners increased their stake in Usiminas in February to just below a 93% controlling interest.

So what's the key point?

Ternium is preparing lawsuits in Mexico to respond to imports coming from Asia. Using its own products instead of imports could lead to an additional profit of up to $100 per ton.

Source Reuters · View original ↗

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