(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.
(Reporting by Kylie Madry and Marion Giraldo; Editing by Christian Plumb)
