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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI720QK_L.jpg(Reuters) – Steelmaker Ternium expects revenue per ton to decrease in the third quarter of 2022 due to lower benchmark steel prices, the company said in a presentation following second-quarter results Wednesday.
In its quarterly report, it said it expected costs per ton to increase, which would likely lead to a lowered adjusted earnings before interest, tax, depreciation and amortization (EBITDA) in the third quarter compared to the second quarter.