Ternium Expands Stake in Usiminas with $315.2 Million Acquisition

Ternium SA ( (TX) ) has provided an update.

On November 5, 2025, Ternium S.A. announced that its subsidiary, Ternium Investments S.à r.l., has entered into an agreement to acquire the remaining shares from Nippon Steel Corporation and Mitsubishi Corporation in the control group of Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas). This acquisition, valued at approximately $315.2 million, will increase Ternium’s stake in Usiminas from 51.5% to 83.1%, subject to approval by Brazil’s antitrust authorities. This move is set to enhance Ternium’s influence in the Brazilian steel market and aligns with its strategy to maximize Usiminas’ potential, benefiting all stakeholders involved.

The most recent analyst rating on (TX) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on Ternium SA stock, see the TX Stock Forecast page.

Spark’s Take on TX Stock

According to Spark, TipRanks’ AI Analyst, TX is a Outperform.

Ternium SA’s overall stock score reflects a combination of strong technical indicators and attractive valuation, offset by mixed financial performance and challenges highlighted in the earnings call. The stock’s upward momentum and high dividend yield are significant positives, while the financial performance and anticipated EBITDA decline present risks.

To see Spark’s full report on TX stock, click here.

More about Ternium SA

Ternium is a leading steel producer in the Americas, offering advanced steel products to various manufacturing industries and the construction sector. The company is committed to investing in low carbon emissions steelmaking technologies to support energy transition and future mobility, while also focusing on community development through educational programs in Latin America.

Average Trading Volume: 210,895

Technical Sentiment Signal: Buy

Current Market Cap: $6.97B

For a thorough assessment of TX stock, go to TipRanks’ Stock Analysis page.