$TX

Analysts issued mixed ratings for materials stocks. Ternium SA (TX): Wells Fargo kept a Hold and set a $52 target; TipRanks consensus is Moderate Buy with a $55.08 average, while TipRanks also cites a Hold at $54. International Flavors & Fragrances (IFF): Citi maintained Buy at $101; consensus Strong Buy at $93.98. Tronox (TROX): Morgan Stanley kept Hold at $4; consensus Hold at $8.61.

Latin American steel stocks fell on Aug. 6 as investors worried about high-volume, low-priced Chinese steel exports and weak Brazil construction demand tied to high rates. The SLX steel ETF fell 1.09% to $108.80. Mexico’s Ternium fell 3.39% to $51.89, and Brazil’s CSN ADR dropped 3.86% to $0.9438, alongside declines in Gerdau and others.

On Aug 5, 2026, Latin American steel stocks rose on expectations of stronger auto-linked flat steel demand and continued anti-dumping protection against Chinese imports. Ternium ADR jumped 6.69% to $53.71, CSN ADR gained 4.44% to $0.9817, Gerdau rose 0.78% to $5.14, and the SLX steel ETF added 1.35% to $110, according to EODHD closes.

Ternium S.A. (NYSE:TX) reported Q2 and first-half 2026 results for the period ended June 30, 2026. Adjusted EBITDA rose sequentially 50% to $717 million, and net income was $465 million. Capex was $431 million. The company expects Q3 2026 Adjusted EBITDA to increase, citing higher shipments and margin improvement.

Latin American steel stocks diverged on Aug 3, 2026. Ternium rose 1.02% to $49.74 and Gerdau gained 2.02% to $5.06, while CSN’s ADR fell 6.07% to $0.9299. The article links moves to US steel premiums, Mexican auto output, Brazilian construction demand, and pressure from Chinese hot-rolled coil exports, plus potential Brazil tariff action.

Latin American steel stocks rose, with the steel-producers ETF SLX at $104.10 and major regional names higher, according to EODHD closes. Brazil’s Gerdau closed at $4.83, CSN at $1.12, and Mexico’s Ternium at $47.74. The article links gains to tariff support offsetting pressure from cheap Chinese imports and improving construction and auto demand.

Latin American steel-linked equities edged higher as investors weighed hopes for renewed Brazilian and Mexican tariffs against underpriced Chinese steel. The SLX steel-producers ETF rose 1.63% to $103.49. Gerdau gained 0.84% to $4.81, CSN rose 1.89% to $1.08, and Ternium added 0.34% to $47.30, according to EODHD closes.

01 The session in one read Latin American steel finished the latest session higher, with the U.S.-listed sector ETF and the main Brazilian and Mexican names all advancing. An ETF, or exchange-traded fund, is a fund that trades like a stock and holds a basket of related shares, and SLX is the cleanest single proxy for global steel sentiment.

Ternium (NYSE: TX) reduced its 2025 dividend to $2.20 per ADS from an initial $2.70, after a board revision on April 15, 2026. The final $1.30 per ADS net portion was paid May 15, 2026. The cut followed FY2025 net income of $303 million, hit by a $405 million deferred tax write-down at Usiminas, its Brazilian affiliate.

Ternium S.A. shareholders approved the company's 2025 financial statements and authorized a total annual dividend of $2.20 per ADS at their May 12, 2026 Annual General Meeting. A remaining net dividend of $1.30 per ADS is scheduled for payment on May 15, 2026. The board of directors, including Chairman Paolo Rocca, Vice-Chairman Daniel Agustín Novegil, and CEO Máximo Vedoya, were re-elected, and PricewaterhouseCoopers was reappointed as auditor, ensuring leadership continuity.