
Ternium: Strong Steelmaker Providing Both Growth And Income
Ternium S.A. is rated a Strong Buy for its compelling growth and income profile, underpinned by a 7% dividend yield. TX's aggressive capacity expansion in Mexico and Brazil, supported by a strong balance sheet and cash flow, positions it for margin growth in H2 2026. Falling input costs — particularly iron ore and coking coal — combined with rising steel prices in core markets are expected to drive EBITDA margin recovery to 10–11%.


















