Ternium S.A. operates through two reportable business segments: Steel and Mining. The Steel segment involves the sale of steel products by Ternium’s subsidiaries, including slabs, hot and cold rolled products, coated products, roll-formed and tubular products, billets, bars, and other steel items. The Mining segment comprises sales of mining products by Ternium’s subsidiaries, such as iron ore lumps, concentrates (sinter feed and pellet feed fines), and pellets. This segment also includes mining activities conducted by Mineração Usiminas, Las Encinas, and a 50% interest in Peña Colorada. Net sales are allocated based on the customer's location for geographical reporting purposes. Ternium primarily markets steel products in Latin American countries and the southern United States, utilizing strategically located manufacturing facilities to provide specialized products, delivery services, and reduced freight costs. The company’s consolidated net sales were $15.6 billion in 2025, $17.6 billion in 2024, and $17.6 billion in 2023. Ternium began consolidating Usiminas in July 2023.
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