Ternium delays start-up of finished steel mills amid Covid-19

Latin American steel group Ternium expects to delay the start-up of some projects in order to preserve cash during the Covid-19 pandemic.

The company will delay start-up of a hot-rolling mill in Pesquería, a northeastern Mexican city near Monterrey, Mexico, to April 2021.

The company previously planned a fourth-quarter 2020 launch of the new hot-rolling mill, which is designed to have an...

Published

Felipe Peroni

April 30, 2020

18:33 GMT

São Paulo