HomeSteelIndustry Ternium expects lower third-party slab shipments from Brazilian unit in Q3 Latin American steel group Ternium expects to reduce slab production and sales to third parties from its Brazilian operations in the third quarter of this year versus the second quarter due to a “difficult situation” in the seaborne slab market, Máximo Vedoya, the company's chief executive officer, said on Wednesday July 31. Sales of slab to third parties are expected to be 300,000 tonnes lower sequentially in the third quarter. Ternium did not disclose its volume figures for slab sales to third parties in the second quarter. “We are currently reconfiguring [steel mill] utilization and renegotiating certain supply contracts to achieve a lower cost of production,”... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service in just a few steps. Already registered? Log in Discover what Fastmarkets MB has to offer with a FREE 7 day trial: View a sample of all 1,000+ prices Access the past month's market insights No commitment Try our global metal company database Get free access now Subscribe now to get access to Fastmarkets MB: 1,000+ metals prices and premiums including key industry benchmarks Prices analysis tool Live news and breaking news alerts Contact information for 11,500+ companies Subscribe now Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Felipe Peroni July 31, 2019 23:51 GMT São Paulo Keywords Ternium steel slab third-party sales Máximo Vedoya Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
