Ternium : Announces Annual General Meeting of Shareholders
March 23, 2016 at 04:15 pm EDT
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LUXEMBOURG--(Marketwired - Mar 23, 2016) - Ternium S.A. (NYSE: TX) announced today that its annual general meeting of shareholders will be held on Wednesday May 4, 2016, at 2:30 p.m. (Luxembourg time) at the Company's registered office, located at 29, avenue de la Porte-Neuve, L-2227, Luxembourg. Each holder of Ternium ADSs as of April 4, 2016, shall be entitled to instruct The Bank of New York Mellon, the depositary bank, as to the exercise of the voting rights pertaining to the shares represented by such holder's ADSs.
The Notice and Agenda for the meeting, the Shareholder Meeting Brochure and Proxy Statement, the Company's 2015 annual report (which includes the Company's consolidated financial statements as of December 31, 2015 and 2014 and for the years ended December 31, 2015, 2014 and 2013, and the Company's annual accounts as of December 31, 2015, together with the board of directors' and the independent auditors' reports thereon) and other related documents, will be made available from March 30, 2016, on our website at http://www.ternium.com/irhome. Copies of such documents will also be available free of charge at the Company's registered office in Luxembourg, from March 30, 2016, between 10:00 a.m. and 5:00 p.m., Luxembourg time. In addition, shareholders registered in the Company's share register may obtain electronic copies of each such documents free of charge by sending an e-mail request to the following electronic address: ir@ternium.com.
About Ternium
Ternium is a leading steel producer in Latin America, with an annual production capacity of approximately 11.0 million tons of finished steel products. The company manufactures and processes a broad range of value-added steel products for customers active in the construction, automotive, home appliances, capital goods, container, food and energy industries. With production facilities located in Mexico, Argentina, Colombia, the southern United States and Guatemala, Ternium serves markets in the Americas through its integrated manufacturing system and extensive distribution network. In addition, Ternium participates in the control group of Usiminas, a Brazilian steel company. More information about Ternium is available at www.ternium.com.
Ternium S.A. is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region and Other Markets. In the steel segment, steel products include slabs, billets and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. In the mining segment, iron ore is sold as concentrates (fines) and pellets.