Ternium's Steel Market and Financial Performance
Corporate Structure
Techint Group: 65%
71%
63%
Ternium
Ternium México
29%
Ternium Argentina³
,4%
Tenaris: 11%
Ternium (treasury shares): 2%
Public: 21%
Subsidiaries
Joint operations
Non-consolidated companies
100%
Las Encinas
37%
Other
50%
Peña Colorada
17%
Usiminas
Nippon Steel Corp: 19%
TenarisConfab: 3%
CEU: 3%
50%
ArcelorMittal
100%
Economic participation
Ternium Brasil4
Other: 55%
Direct
Indirect²
Total
51%
49%
Tenigal
Ternium Mexico
71%
18%
89%
Nippon Steel Corp
Ternium Argentina³
62%
62%
100%
Ternium Colombia
Ternium Brasil
100%
100%
Usiminas¹
17%
2%
19%
100%
Ternium del Atlántico
Tenigal
51%
51%
Ternium Colombia
100%
100%
100%
Ternium USA
TX Int. Guatemala
100%
100%
TX USA
100%
100%
100%
Ternium Int. Guatemala
Las Encinas
71%
18%
89%
Peña Colorada
36%
9%
44%
48%
30%
Techgen
Tecpetrol
1 Participation based on total shares distributed
22%
2 Net of non-controlling interest in TX Argentina
50%
3 Formerly known as Siderar
Exiros
50%
Tenaris
4 Formerly known as CSA
Ternium I May 2023
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