MEXICO CITY (Reuters) – Steel producer Ternium reported on Tuesday a first-quarter net income of $877.5 million, up 24% from the year-ago period.
The company, which operates in Mexico, Brazil, Argentina, Colombia, the United States and Central America, posted a revenue of $4.30 billion, a 32% increase in the three months to March compared to the same period of 2021.
(Reporting by Noe Torres and Kylie Madry; Writing by Valentine Hilaire; Editing by Christian Plumb)
