Ternium Says In Argentina, The Company Anticipates A Sequential Decrease In Q4 Shipments Due To Seasonality And Government-Imposed Restrictions On The Importation Of Inputs Required For Production By The Company And Its Value Chain
Portfolio Pulse from Benzinga Newsdesk
Ternium (TX) anticipates a sequential decrease in Q4 shipments in Argentina due to seasonality and government-imposed restrictions on the importation of inputs required for production by the company and its value chain.
October 31, 2023 | 8:32 pm
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Ternium's Q4 shipments in Argentina are expected to decrease due to seasonality and government-imposed import restrictions. This could negatively impact the company's performance.
The anticipated decrease in Q4 shipments for Ternium in Argentina is due to seasonality and government-imposed restrictions on importation of production inputs. This could lead to a decrease in revenues and profitability, negatively impacting the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100