Ternium Q3 results

Ternium announced 3rd quarter 2009 earnings last night.  The press release can be found here.  The company continued to perform well, generating $137 of EBITDA per ton during the quarter.  This is the second best performance recorded yet on the Nerds of Steel earnings spreadsheet.  Only Posco, with an EBITDA of $151 per ton, has turned in a better number.  Ternium expects slightly better results in Q4, when higher prices are expected to more than offset a seasonal volume decline.

Tagged as: POSCO, Ternium

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